Suppose you deposit d dollars into a bank account and forget about it. after n years, your bank account will contain the amount a n as defined by a n = d * (1 + ir) n where ir is the interest rate compounded annually, e. g. 0.06 for 6%. for example, if you deposit $100.00 at 6% compounded annually, you’ll have $106.00 after 1 year, and $112.36 after 2 years. after 20 years, you would have $320.71. write a matlab function plotbankaccount to plot the amount we’ll have in the bank at the end of each year for a total of n years. assume an initial deposit of d, and an annual interest rate ir (where ir is given as a percentage, e. g. an ir of 6% would be passed to your function as the value 6, and you’ll need to convert to 0.06 for computation).
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Suppose you deposit d dollars into a bank account and forget about it. after n years, your bank acco...
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