Question: ( c ) Suppose that a banker wants to code a system to calculate the compound interest. model we consider the principal amount A that

(

)

Suppose that a banker wants to code a system to calculate the compound interest. model we consider the principal amount A that is invested for a term of

n

years, with an annual interest rate that grows at

A (1 + r)^{n} .

The banker wants to know the final balance for the investments of R

750,

1000,

3000,

5000,

and R

11999

in his portfolio over

10

years with interest rate of

9 % .

Write an Octave

/

Matlab code that impliments and solves the above problem.

(5)

(c) Suppose that a banker wants to code a system to

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