a) Using the Google Meet platform as a practical example, discuss how it would be categorized under this course and discussing its different components and their purposes
Final Value with Appreciation
Given principal amount
principal as an input, time period in years time and appreciation percentage apprPercentage as optional inputs, 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)