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ovtave question Problem 5: Coding Amy has taken a loan of P0=$150 from a bank at an interest rate of 5%(i= 0.05) The amount due
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Problem 5: Coding Amy has taken a loan of P0=$150 from a bank at an interest rate of 5%(i= 0.05) The amount due after one year (P1) is calculated as P1=P0(1+i). Likewise, the amount due after two years is P2=P1(1+i). Write a code to help Amy calculate the amount due after years, 1, 2, 3,4, and 5 . Write your solution in an Octave script - Annotate the code with comments - When executed, the script must display the answer as output Step by Step Solution
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