Engineering, 27.11.2019 05:31 sdawg420

The value of a saving account, v, after t years is given by:

v = p(1 + r/100/n)^nt

where p is the initial investment, r is the yearly interest rate in % (e. g., 7.5% entered as 7.5), and n is the number of times per year that the interest is compounded.

a. write a matlab program in a script file that calculates v. when the program is executed, it asks the user to enter the amount of the initial investment, the number of years, the interest rate, and the number of times per year that the interest is compounded. the output is displayed in the following format: "the value of a $xx investment at a yearly interest rate of x. x% compounded x times per year, after xx years is $.xx", where xxx stands for the corresponding quantities.
b. use the program to determine the value of a $20,000 investment after 18 years if the yearly interest rate is 3.5% compounded 6 times a year.

Answers: 2

Show answers

Another question on Engineering

Engineering, 04.07.2019 18:10

Steel is coated with a thin layer of ceramic to protect against corrosion. what do you expect to happen to the coating when the temperature of the steel is increased significantly? explain.

Answers: 1

Answer

Engineering, 04.07.2019 18:10

Which of the following components of a pid controlled accumulates the error over time and responds to system error after the error has been accumulated? a)- proportional b)- derivative c)- integral d)- on/off.

Answers: 2

Answer

Engineering, 04.07.2019 18:20

Asolid cylinder is concentric with a straight pipe. the cylinder is 0.5 m long and has an outside diameter of 8 cm. the pipe has an inside diameter of 8.5 cm. the annulus between the cylinder ad the pipe contains stationary oil. the oil has a specific gravity of 0.92 and a kinematic viscosity of 5.57 x 10-4 m2/s. most nearly, what is the force needed to move the cylinder along the pipe at a constant velocity of 1 m/s?

Answers: 3

Answer

Engineering, 06.07.2019 03:10

Consider a 1.2 meter high and 2 meter wide glass window whose thickness is 6 mm and thermal conductivity is 0.78 w/m °c. the room temperature is maintained at 24 °c, while the outdoor temperature is -5 °c. the convective heat transfer coefficients on the inner and outer surfaces of the window are 10 w/m2 °c and 25 w/m2 °c respectively. (a) draw the thermal resistance network, etermine the steady rate of heat transfer t e glass window (c) determine the temperature of the inner surface of the window

Answers: 3

Answer

You know the right answer?

The value of a saving account, v, after t years is given by:

v = p(1 + r/100/n)^nt

Questions