Part 5/9:
Once this limit is reached, the FEBRABAN has established a contingency plan: the maturity factor will be reset to 1,000, and subsequent dates will follow this new numbering system. For instance, February 23, 2025, will be assigned the maturity factor of 1,000, gradually increasing thereafter until it again reaches 9,999 by October 13, 2049, when further adjustments will need to be made.
Technical Solution Using Python
The video provides a comprehensive guide on crafting a solution using Python, though the principles can be adapted to any programming language. It involves importing the DateTime library to manage date calculations.
The proposed solution includes three functions:
- Old Maturity Factor Calculation: Calculates the maturity factor based on the original system.