Question

Sample Input 2

2000

Sample Output 2

2200

write a JS function to return the final value finalValue with the given appreciation percentage and time period. The default values for time and apprPercentage are 2 and 5 respectively.

Quick Tip

The formula to calculate the final value with appreciation is,

finalValue = principal * (1 + time * appreciation / 100)

Answer 1

function finalValueAppreciation(principal, time = 2, appreciation = 5) {
    return principal * (1 + time * appreciation / 100)
}

console.log( finalValueAppreciation(1000, 2, 3) );
console.log( finalValueAppreciation(3000) );