How to calculate compound interest?
12 vues (au cours des 30 derniers jours)
Afficher commentaires plus anciens
We borrowed $1000 money with an annual interest 10%. If we do not pay any penalty in 2 years then how much we owe the money? Answer must be assign in a variable called debt .
Réponses (1)
SAA
le 30 Juil 2020
It sounds like this is a copy paste of an assignment but ok
P = 1000; % principle
r=0.1; n=2;
debt = P*(1+r)^n
1 commentaire
Voir également
Catégories
En savoir plus sur Install Products dans Help Center et File Exchange
Produits
Community Treasure Hunt
Find the treasures in MATLAB Central and discover how the community can help you!
Start Hunting!