Question: Pls someone show me the correct answer in MAtlab command from for this question kalam ump.edu.my Q.3 A UMP student have an original saving of

Pls someone show me the correct answer in MAtlab command from for this question  Pls someone show me the correct answer in MAtlab command from

kalam ump.edu.my Q.3 A UMP student have an original saving of RM 1000 in ABC bank. As a saving, the student wishes to allocate RM 100 per month for the entire 4 years studies at UMP. The interest rate of ABC bank is 6% per year compounded monthly, which is equivalent to 0.5% each month. Because of interest payments and self-saving, the account balance will increase every month in accordance with the formula; New balance original balance interest saving allocation Use a for loop to find the amount in the savings account each month for the next 4 years. (Create a vector of values.) Plot the amount in the account as a function of time. (Plot time on the horizontal axis and RM on the vertical axis.) (10 Marks)

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