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In the savings account example above, modify the script such that it compounds the 3% interest monthly as opposed to annually. How many years does

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  1. In the savings account example above, modify the script such that it compounds the 3% interest monthly as opposed to annually. How many years does it take now to accumulate over a million dollars in the account? State the number of years and show your modified script. (15pts)

  1. Write a script that utilizes a while loop which determines whether or not a number (N) is a factorial. If it is a factorial, the script should display the integer (n) and if it is not a factorial a message should be displayed stating Not a factorial. Hint, you might want to use conditional statements in addition to the while loop. (15pts)
Example: while loops The script below calculates the number of years it will take to accumulate over a million dollars in a savings account with a starting balance of $5000 dollars and an interest rate of 3%, compounded yearly. r=0.03; % remember 3% is expressed as 0.03 t=0; BB=5000; % beginning balance while BB

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