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Question 4 (10 Points) Consider the value of savings account initially worth R2500, that accumulates interest paid each month at 1.5% per month compounded bimonthly
Question 4 (10 Points) Consider the value of savings account initially worth R2500, that accumulates interest paid each month at 1.5% per month compounded bimonthly (every 2 months). Find the value of the account after 6 months. Build a mathematical description of the increase in the account value over n time steps. Compare your answer with a brute force calculation
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