Q2/The value of B is the increase in the savings account for the amount A held for several years n withannual interest 3 given by the following relationshipr72B = A(1+ 100Write a Matlab program using the m-file to calculate the increment B after 10 years fromthe initial value with an interest rate of 2% (0.02=r) (as the value of the deposited amount isin the form of input),

I give the code in Matlab along with output and code screenshot

Q2/The value of B is the increase in the savings account for the amount A held for several years n with annual interest 3 given by the following relationship B = A(1 + r 100 Write a Matlab program using the m-file to calculate the increment B after 10 years from the initial value with an interest rate of 2% (0.02=r) (as the value of the deposited amount is in the form of input),

Q2/The value of B is the increase in the savings account for the amount A held for several years n with annual interest 3 given by the following relationship B = A(1 + r 100 Write a Matlab program using the m-file to calculate the increment B after 10 years from the initial value with an interest rate of 2% (0.02=r) (as the value of the deposited amount is in the form of input),

C++ for Engineers and Scientists

4th Edition

ISBN:9781133187844

Author:Bronson, Gary J.

Publisher:Bronson, Gary J.

Chapter6: Modularity Using Functions

Section6.2: Returning A Single Value

Problem 14E

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Question

Q2/The value of B is the increase in the savings account for the amount A held for several years n with
annual interest 3 given by the following relationship
r
72
B = A(1+ 100
Write a Matlab program using the m-file to calculate the increment B after 10 years from
the initial value with an interest rate of 2% (0.02=r) (as the value of the deposited amount is
in the form of input),

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