Problem 43967. Compound interest - number e

A moneylender wants to receive his annual interest of 12% more frequently.

If he receives his interest rate every six months, he will receive 6% each time (12%/2).

He wants to know how much will he win during a year if he received his interest every year (n=1), every six months (n=2), every month (n=12), every week (n=52), every day (n=365) and every second (n=31536000). These will be the test cases.

Solution Stats

90.0% Correct | 10.0% Incorrect
Last Solution submitted on Jul 08, 2020

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