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CREATE MATLAB CODE Create a code for Newton's Method for finding zeroes of a function to solve the following problem: A car dealer sells a
CREATE MATLAB CODE
Create a code for Newton's Method for finding zeroes of a function to solve the following problem:
A car dealer sells a car for $ They also offer to sell the same car for payments of $ per month for five years. What
monthly interest rate is this dealer charging? To solve this, you will need to use the formula for the present value A of an annuity
consisting of n equal payments of size R with interest rate i per time period: ARi i
Replacing i by x show that
x x x
and use Newtons method to solve this equation.
IN MATLAB
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