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Help on coding in matlab The monthly payment, P, computed for a loan amount, L, that is borrowed for a number of months, n, at
Help on coding in matlab
The monthly payment, P, computed for a loan amount, L, that is borrowed for a number of months, n, at a monthly interest rate of c is given by the equation: L. c(1 c)" Write a program, TotalPayment.m, to calculate the total amount of money a person will pay in principa and interest on a $10,000 loan that is borrowed at an annual interest rate of 5.6% for 10 years. Report the total payment in the command window to receive full points Step by Step Solution
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