Question: QUESTION 2 You are asked to create a plot of bank account balance vs time in days, assuming that on Day 1 the balance
QUESTION 2 You are asked to create a plot of bank account balance vs time in days, assuming that on Day 1 the balance is $1000 and on Day 2 10.0% of the balance is withdrawn. Likewise on Day 3 another 10.0% of the balance is withdrawn and so on. Assume 10.0% of the balance is withdrawn each day. Construct the balance vs time (in number of days), for 30 days. What is the balance at the end of Day 30 (in dollars, do not include the $ symbol)? QUESTION 3 You are asked to create a plot of bank account balance vs time in days, assuming that on Day 1 the balance is $1000 and on Day 2 10.0% of the balance is withdrawn, leaving $900 at the end of Day 2. Likewise on Day 3 another 10.0% of the previous day's balance is withdrawn and so on. Assume 10.0% of the previous day's balance is withdrawn each day. Construct the balance vs time (in number of days), for 30 days. What is the half life of your account balance, that is, approximately how many days does it take to go from $1000 to $500? OA. 1 to 2 days B. 4 to 5 days OC. 7 to 8 days OD. 30 days QUESTION 4 You are asked to create a plot of bank account balance vs time in days, assuming that on Day 1 the balance is $1000 and on Day 2 10.0% of the balance is withdrawn, leaving $900 at the end of Day 2. Likewise on Day 3 another 10.0% of the previous day's balance is withdrawn and so on. Assume 10.0% of the previous day's balance is withdrawn each day. Construct the balance vs time (in number of days), for 30 days. How many days does it take to go from $500 to $250? This represents a second half life of the account.
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