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WITHDRAWAL OF FUNDS

WITHDRAWAL OF FUNDS

Pubblicato da: BSAIBES Engineering
licenza: 6.99

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Descrizione

This program can help you if you want to determine how long withdrawals can be made from your bank account before it expires. The data to be provided are: the initial deposit, the number of withdrawals in a year, the interest rate on the remaining part and the amount of withdrawals. Also in this case, the number of withdrawals in a year was considered equal to the number of compounding periods. If the withdrawal amount is less than the interest paid, your account will grow rather than expire: the message will then appear BANK BALANCE is GROWING.


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