Question: MATLAB code 4. Future value of money formula estimates the worth of a current investment at a future time given that the interest rate is

 MATLAB code 4. Future value of money formula estimates the worth

MATLAB code

4. Future value of money formula estimates the worth of a current investment at a future time given that the interest rate is constant based on: FV=PV(1+i)n In which FV is future value of money, PV is present value of money, i is interest rate per compounding period, and n is the number of compounding periods. If PV=100000, how any compounding periods would it take for the present investment to grow to 161051 , if interest rate is 0.1(10%) ? You will need to round up the value obtained from "fzero" to the closest integer

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