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Deposit calculator
importance: 5
Create an interface that allows to enter a sum of bank deposit and percentage, then calculates how much it will be after given periods of time.
Here’s the demo:
Any input change should be processed immediately.
The formula is:
// initial: the initial money sum
// interest: e.g. 0.05 means 5% per year
// years: how many years to wait
let result = Math.round(initial * (1 + interest) ** years);