Question: Using MatLab's SIMULINK solve the following to problems. please provide steps on how to build SIMULINK gui. Problem 2 You have a credit card debt
Using MatLab's SIMULINK solve the following to problems. please provide steps on how to build SIMULINK gui.

Problem 2 You have a credit card debt of $5,000. The annual interest rate for your credit card is 18%, compounded monthly. Each month, you make a payment to reduce your debt. In the first month, your payment is $200. Every month after that, you increase your payment by 1%. That is, your payment in the second month is $202.00; your payment in the third month is $204.02; and so forth. Construct a dynamic systems model, using Simulink, for your debt in month n, where 0 sns 10 Problem 3 Retirement problem: You have $1,000,000 for your retirement. You move your money from a stock fund over to a more conservative bond fund that earns 7% interest, compounded monthly. How much money can you withdraw each month so that your savings will last 20 years? Problem 2 You have a credit card debt of $5,000. The annual interest rate for your credit card is 18%, compounded monthly. Each month, you make a payment to reduce your debt. In the first month, your payment is $200. Every month after that, you increase your payment by 1%. That is, your payment in the second month is $202.00; your payment in the third month is $204.02; and so forth. Construct a dynamic systems model, using Simulink, for your debt in month n, where 0 sns 10 Problem 3 Retirement problem: You have $1,000,000 for your retirement. You move your money from a stock fund over to a more conservative bond fund that earns 7% interest, compounded monthly. How much money can you withdraw each month so that your savings will last 20 years
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