Write M-file to calculate the future value of an initial investment, or the amount that needs to be deposited annually to reach future investment goal. This program is to be written as a single M-file that uses as interrogatory input statement to determine which calculation to perform. The equations required:
F=I(1+r/n)^(nM) Future Value-Initial Investment
F=A(1+r)[(1+r)^M-1/r] Future Value-Annual Invest.
r=Annual Interest Rate
M=Number of Years
A=Amount Deposited at Beginning of Each Year
This is to be only 15 lines or so - no more please.© BrainMass Inc. brainmass.com March 4, 2021, 5:57 pm ad1c9bdddf
Solution for the asked problem with necessary codes.