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  1. function savingsBalance = CalculateBalance(numberYears, savingsBalance)
  2. % numberYears: Number of years that interest is applied to savings
  3. % savingsBalance: Initial savings in dollars
  4.  
  5. interestRate = 0.025; % 2.5 percent annual interest rate
  6.  
  7. % Complete the for loop to iterate from 1 to numberYears (inclusive)
  8. for year = 1:numberYears
  9.     savingsBalance = savingsBalance + (savingsBalance * interestRate);
  10. end
  11.  
  12. end
  13.  
Success #stdin #stdout 0.08s 46748KB
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https://ideone.com/vwRK7Y
language:
Octave (octave 4.4.1)
created:
1 day ago
visibility:
public

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