QUESTION 20 15 points Save Answer The formula for compounded growth of an investment using Continuous Compounding is def
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QUESTION 20 15 points Save Answer The formula for compounded growth of an investment using Continuous Compounding is def
QUESTION 20 15 points Save Answer The formula for compounded growth of an investment using Continuous Compounding is defined by the following equation where A(t) is the amount of money in an account at time t (in days), Po is the initial principle invested, and r is the annual percent interest rate. (Note; in this formula t is in days and ris annual rate, no conversion is needed) A (t) = P0 ert Write a MATLAB script file to determine the annual interest rate. The code should ask the user to input the initial investment, the final account balance, and the time elapsed in days from the initial to final. The code should display the output "The Annual Interest Rate for the account is XX.X percent, which began with a balance of $XXX.XX". Just write the code as you would in the script file. Do not arrive at a numerical answer.