Question: 4: Write an algorithm for the following question: A bank account starts out with $X. Interest is compounded monthly at Y% per month. Every month,

4: Write an algorithm for the following question: A bank account

4: Write an algorithm for the following question: A bank account starts out with $X. Interest is compounded monthly at Y% per month. Every month, $Z is withdrawn for expenses. After how many years is the account depleted? Include the answer generated by your algorithm for X=10,000, Y=0.5, and Z=500

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