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First, create assignment 2 and ( partly ) 3 to get a better idea of how to solve this assignment.Your teacher wins the lottery of
First, create assignment and partly to get a better idea of how to solve this assignment.Your teacher wins the lottery of million euros in his dreams He will put this entire amount in his previously empty savings account on December th The bank applies an interest rate of on this savings account and only looks at the amount that is in the account on December st of the year. The bank then pays this interest at the turn of the year. For now, assume that the teacher wisely does not withdraw anything from his savings account.a How many euros will be in the savings account on January st b Build a simulation model using a Unit Delay block that simulates a year per simulation second, where the amount in the savings account is displayed on a Display block. The time corresponds to the year Hint: Doubleclick the Display block and change the setting to 'long'.The teacher chooses to live a more luxurious life and withdraws every time for a year. This means that on December there will only be euros left in the accountc Adjust your simulation model such that it is withdrawn every time. What is the amount on the teacher's account on January st And on January The teacher begins to get used to the luxury and chooses to withdraw but only if the amount in his savings account exceeds million eurosd Adjust your simulation model so that the teacher withdraws for a year if his savings account contains less than million euros and if his savings account contains more than million euros. How many euros is now in the teacher's savings account on January e What is the average amount in the teacher's savings account between December st and January st
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