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Can anyone please help out with this matlab code assignment ???? This is all the information given to us. Assignment 1: Investment Fund (5 marks)
Can anyone please help out with this matlab code assignment ????
This is all the information given to us.
Assignment 1: Investment Fund (5 marks) Background. At the beginning of every year a bank customer deposits v dollars in an investment fund and withdraws, at the end of the n-th year, a capital of M dollars. We want to compute the average yearly rate of interest r of this investment. M is related to r by the relation: 1+1 * = v=--((1+r)" - 1] (1) Assignment: Numerically estimate the average annual interest rate assuming that v is equal to $1000 and that after 5 years M is equal to $6000. Convert eg. 1 into a root problem and plot the equation for a relevant range. Compute the root via the bisection method Compare the bracket methods, bisectional and false position (you'll have to create an m-file for the false position method), for the efficiency to determine the root (number of required iterations to reach desired relative errorStep by Step Solution
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