Use MATLAB to solve this problem

A retiree has an account with $300,000 balance, and it earns 5% interest. He wants to withdraw $25,000 in the first year. He wants to withdraw the equivalent of $25,000 each year thereafter, assuming that he will have to withdraw more each year due to an assumed 2% inflation rate.

Compute the annual balance after each year, how long the money will last, the final balance, and the amount that the last withdrawal would have been.

Plot the balance over time using a bar chart.