Question: Using matlab write a function that finds the rate given the other variables nt Verizon? 20:07 1 @ 67% 4.6. Many simple financial instruments that
nt Verizon? 20:07 1 @ 67% 4.6. Many simple financial instruments that have regular equal payments, such as car loans or investment annuities, can be modeled by the equation Chapter 4. More on Functions where P is the regular payment, r is a fixed interest rate (say, r 0.05 for 5% interest), I s the number of payment intervals elapsed, and F(1) is the accumulated value of the instrument at time t. This equation is not easily solved for r Write a script or function that finds r when P 200,30, and F takes the values 10000, 1500040000
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