1. Bank loans: You are currently in the process of purchasing a production equipment. The equipment has a present value P of $60,000. You approach a bank to finance the purchase of the equipment and they offer you the following payment option; an annual payment A of $10.500, and a number of annual payments-n.of 6. The bank used the following formula to compute the annual payments 1+" A=P 1+ where i is the interest rate (e.g. i = 0.05 when the interest rate is 5%). (a) Write a MATLAB script to plot the annual payment as a function of the interest rate for the given values of P and n. Make sure to label the axes. (b) For the given annual payment, find graphically the bank interest rate employing successive zoonming