Question: This is for a MATLAB class. Please write the script using MATLAB and using comments to explain what is being done. 7. You want to

This is for a MATLAB class. Please write the script using

This is for a MATLAB class. Please write the script using MATLAB and using comments to explain what is being done.

7. You want to buy a $300,000 home with 20% down payment. The current compound interest rate is 4.5%. a. Write a script to determine: the monthly payments for a 30-year loan, the equivalent simple interest rate, the total interest paid over the life of the loan. b. Now, repeat the computation for a 15-year loan at 5%. Is this a better deal

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