Getting a compound matrix to work

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Sherman Ng
Sherman Ng 2022-2-12
评论： Sherman Ng 2022-2-12
So my goal is to: Create a matrix with four columns: the first column contains the principal amount that is deposited in a bank, and the next three columns are the total amount (with interest) in the bank after [1 3 16] years. Use the principal amounts and compound interest rate specified in each question. Enter the matrix you created in the text box below each question.
For the first question, my first principal value is 800, and I am getting the wrong output. Am I not setting up the compound equation correctly? And how should I set up the [1 3 16] values?
  2 个评论
David Hill
David Hill 2022-2-12
How often are you compounding? Use should use the code box (so we can read your code and copy and paste it) if you want help. Like this:
n=[1 5 16];
p=800;
number_of_compounding=365;%daily compounding
interest=20;
f=p*(1+interest/100/number_of_compounding).^(number_of_compounding*n);
Sherman Ng
Sherman Ng 2022-2-12
I think it's yearly compounding but thanks for the tip!

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Arif Hoq
Arif Hoq 2022-2-12
编辑：Arif Hoq 2022-2-12
n=[1,3,16];
P=800;
t=20;
format shortG
y=P.*(1+t/100).^n-P; % Compound Interest,C.I.= P × (1+t)n - P
Year_1=y(1);
Year_3=y(2);
Year_16=y(3);
T=table(Year_1 , Year_3, Year_16)
writetable(T,'tabledata.txt','Delimiter','tab'); % save the table in the text file
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Arif Hoq
Arif Hoq 2022-2-12
编辑：Arif Hoq 2022-2-12
can you please explain more what's your expectation ? output y is a row vector as your input n is a row vector. To creat a matrix you need multiple row and column.
Sherman Ng
Sherman Ng 2022-2-12
I think I got it to work using
M = table2array(T); % save the table in the text file
[P, M]

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