Question: MATLAB Functions PROBLEM 2. COMPOUND INTEREST When interest is compounded continuously, the following equation represent the growth in your savings. P = Pert where P0

MATLAB Functions

MATLAB Functions PROBLEM 2. COMPOUND INTEREST When interest is compounded continuously, the

PROBLEM 2. COMPOUND INTEREST When interest is compounded continuously, the following equation represent the growth in your savings. P = Pert where P0 is the initial deposit and t is the time and r is the interest rate expressed aselescitoal. Determine the amount in your account at the end of each year if you invest $1000 at ar annual interest rate of 4% (r = 0.04) for 20 years. Make and display a table, with year in column one and balance in column 2. Create a figure with four subplots. Title each graph and label all axis. a) b) In the upper left corner, plot P versus t using a rectangular coordinate system. (P on the y axis and t on the x axis). In the lower left, plot P versus t with a log scale for the y axis In the upper right, plot P vs t using a log scale on x axis. In the lower right, plot P versus t using log scales for x and y axis. Problem 4. Bar & Pie Charts 1. 2. 3. 4

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