2.23 matlab programming NOT C++

1:55 PM Valentine - Essential MATLAB for Engineers and Scientists (2016, Academic Press) 2... MATLAB Fundamentals 2.23 Suppose you deposit $50 in a bank account every month for a year. Every month, after the deposit has been made, interest at the rate of 1% is added to the balance: After one month the balance is $50.50, and after two months it is $101.51. Write a program to compute and print the balance each month for a year. Arrange the output to look something like this: MONTH MONTH-END BALANCE 50.50 101.51 153.02 2 12 640.47 2.24 Ifyou invest $1000 for one year at an interest rate of 12%, the return is $1120 at the end of the year. But if interest is compounded at the rate of 1% monthly (i.., 1/ 12 of the annual rate), you get slightly more inter- est because it is compounded. Write a program that uses a for loop to g interest in this way The answer should be $1126.83. Evaluate the formula for this result sep- compute the balance after a year of co arately as a check: 1000 x 1.0112 2.25 A plumber opens a savings account with $100,000 at the beginning of January. He then makes a deposit of $ 1000 at the end of each month for the next 12 months (starting at the end of January). Interest is calculated and added to his account at the end of each month (before the $1000