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The remaining loan balance, B, of a fixed payment n years mortgage after x years is given by: 12n B = -1 where Lis the loan amount, and ris the annual interest rate. Calculate the balance of a 30 year, $100,000 mortgage, with annual interest rate of 6% (use 0.06 in the equation) after 0, 5, 10, 15, 20, 25, and 30 years. Create a seven-element vector for x and use element-by-element operations. Display the results in two-row table where the values of years, and balance are displayed in the first and second rows, respectively. Script e C Reset I MATLAB Documentation 1 % Don't change the variable names 2 r=.06; 3 n=30; 4 L=100000; 5 x = linspace(5,30,6); 6 m=1+(r/12); 7 B = L*((m.^(12. *n)-m.^(12.*x))./((m.^(12. *n)-1))); 8 Years=transpose(x); 9 Balance=transpose(B); 10 Table= tahle(Years. Balance)

The remaining loan balance, B, of a fixed payment n years mortgage after x years is given by: 12n B = -1 where Lis the loan amount, and ris the annual interest rate. Calculate the balance of a 30 year, $100,000 mortgage, with annual interest rate of 6% (use 0.06 in the equation) after 0, 5, 10, 15, 20, 25, and 30 years. Create a seven-element vector for x and use element-by-element operations. Display the results in two-row table where the values of years, and balance are displayed in the first and second rows, respectively. Script e C Reset I MATLAB Documentation 1 % Don't change the variable names 2 r=.06; 3 n=30; 4 L=100000; 5 x = linspace(5,30,6); 6 m=1+(r/12); 7 B = L*((m.^(12. *n)-m.^(12.*x))./((m.^(12. *n)-1))); 8 Years=transpose(x); 9 Balance=transpose(B); 10 Table= tahle(Years. Balance)

Computer Networking: A Top-Down Approach (7th Edition)
Computer Networking: A Top-Down Approach (7th Edition)
7th Edition
ISBN:9780133594140
Author:James Kurose, Keith Ross
Publisher:James Kurose, Keith Ross
Chapter1: Computer Networks And The Internet
Section: Chapter Questions
Problem R1RQ: What is the difference between a host and an end system? List several different types of end...
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The remaining loan balance, B, of a fixed payment years mortgage after x years is given by: 12n 12x B = (1"-1 12n where Lis the loan amount, and ris the annual interest rate. Calculate the balance of a 30 year, $100,000 mortgage, with annual interest rate of 6% (use 0.06 in the equation) after 0, 5, 10, 15, 20, 25, and 30 years. Create a seven-element vector for x and use element-by-element operations. Display the results in a two-row table where the values of years, and balance are displayed in the first and second rows, respectively. Script ® C Reset I MATLAB Documentation 1 % Don't change the variable names 2 r=.06; 3 n=30; 4 L=100000; 5 x = linspace(5,30,6); 6 m=1+(r/12); 7 B = L*((m.^(12.*n)-m.^(12.*x))./((m.^(12.*n)-1))); 8 Years=transpose(x); 9 Balance=transpose(B); 10 Table= table(Years, Balance)
Transcribed Image Text:The remaining loan balance, B, of a fixed payment years mortgage after x years is given by: 12n 12x B = (1"-1 12n where Lis the loan amount, and ris the annual interest rate. Calculate the balance of a 30 year, $100,000 mortgage, with annual interest rate of 6% (use 0.06 in the equation) after 0, 5, 10, 15, 20, 25, and 30 years. Create a seven-element vector for x and use element-by-element operations. Display the results in a two-row table where the values of years, and balance are displayed in the first and second rows, respectively. Script ® C Reset I MATLAB Documentation 1 % Don't change the variable names 2 r=.06; 3 n=30; 4 L=100000; 5 x = linspace(5,30,6); 6 m=1+(r/12); 7 B = L*((m.^(12.*n)-m.^(12.*x))./((m.^(12.*n)-1))); 8 Years=transpose(x); 9 Balance=transpose(B); 10 Table= table(Years, Balance)
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