Question: matlab, create a debt payoff calculator using a while loop. in matlab, create a debt payoff calculator using a while loop. Start with an initial
matlab, create a debt payoff calculator using a while loop.
in matlab, create a debt payoff calculator using a while loop. Start
with an initial balance, an annual percent rate (interest) and a monthly
payment. When the remaining balance becomes less than the monthly
payment, stop your loop and store the value of the "payoff".
input: InitialBalance, APR, MonthlyPayment
output: MonthlyBalance, TotalInterest, FinalPayment
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
