This is MATLAB question. Please use MATLAB and help me in details.

The interest you get at the end of n year, at a flat annual rate of r%, depend on how the interest in compounded If the interest is added to your account k times a year with the principal amount of Xo, then at the end of n years the amount of your account X becomes: kn 2.Write a script called Banklnt and input Xo n, r, k and output the result in the following format by using the function, fn_interest. The principal amount of $ X in n years with interest rate of r% becomes $ X when interest is compounded K times a year. Your earning amount is $ (X-Xo) 3Run the script with principal of $1000 at the rate of 6% for five years term when the the interest is compounded; (i) quarterly (k=4) (ii)daily" (k=365) (iii) annually (k-1) and compare the interest paid on X0 ("Do not consider the leap year effect for daily)