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I cannot seem to figure this out on MATLAB. I have uploaded the question as a photo below: The formula to calculate the compound interest
I cannot seem to figure this out on MATLAB. I have uploaded the question as a photo below:
The formula to calculate the compound interest is given by
Where is the total value of the loan, is the principal
investment amount, is the interest rate, is the number of
compounds per period HINT: If interest is compounded monthly,
there are months in an year and is number of periods.
Create a MATLAB script that uses the input function to ask the
user for the values of and and calculates the value of Print
the format the value of A using the fprintf function.
You should test your script using different values for the inputs,
and confirm it works as expected.
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