3. The monthly payment M of a loan amount P for y years and with interest...

 

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3. The monthly payment M of a loan amount P for y years and with interest rate r can be calculated by the formula: M = P (12) 1-(1+2) -12y Write a program that calculates the monthly payment for a $100,000 loan for 30 years using a 5% interest rate. Repeat the problem (calculate the monthly payment) for a 3% interest. Note that this equation takes interest as a decimal. 4. The wind chill temperature, Twc, is the air temperature felt on exposed skin due to wind. In US customary units it is calculated by: Twc=35.74 +0.6215T-35.75v0.36 +0.4275Tv0.16 where T is the temperature in degrees F and v is the wind speed in mi/h. Write a Matlab program that calculates Twc. The program must define T equals to 30F and v-42 mi/h. 3. The monthly payment M of a loan amount P for y years and with interest rate r can be calculated by the formula: M = P (12) 1-(1+2) -12y Write a program that calculates the monthly payment for a $100,000 loan for 30 years using a 5% interest rate. Repeat the problem (calculate the monthly payment) for a 3% interest. Note that this equation takes interest as a decimal. 4. The wind chill temperature, Twc, is the air temperature felt on exposed skin due to wind. In US customary units it is calculated by: Twc=35.74 +0.6215T-35.75v0.36 +0.4275Tv0.16 where T is the temperature in degrees F and v is the wind speed in mi/h. Write a Matlab program that calculates Twc. The program must define T equals to 30F and v-42 mi/h.