Question: Please write matlab code using the population equation P(t+1)=P(t)+deltat*(birth-death)*P(t) You deposit $5,000 into a bank on 1 January 2013. Your CD earns 1.12% interest per
Please write matlab code using the population equation P(t+1)=P(t)+deltat*(birth-death)*P(t)
You deposit $5,000 into a bank on 1 January 2013. Your CD earns 1.12% interest per year. five years after your initial deposit (that is, on 31 December 2020), you deposit $2,340 into the bank. On 31 December 2020 the interest rate changes from 1.12% to 2.12% and remains 2.12%.
What is the balance in your bank CD on 1 January 2031?
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