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MATLAB code 4. Future value of money formula estimates the worth of a current investment at a future time given that the interest rate is
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4. Future value of money formula estimates the worth of a current investment at a future time given that the interest rate is constant based on: FV=PV(1+i)n In which FV is future value of money, PV is present value of money, i is interest rate per compounding period, and n is the number of compounding periods. If PV=100000, how any compounding periods would it take for the present investment to grow to 161051 , if interest rate is 0.1(10%) ? You will need to round up the value obtained from "fzero" to the closest integerStep by Step Solution
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