MatLab While loop indexing?
Show older comments
I am learning while loop in MATLAB.
I got an assignment where I have to figure out how many times loop was executed.
Is there any way to do this?
my code is following:
Balance=0;
while Balance < 1000000
Balance= 10000+Balance*(1+0.06)
end
This assignment require user to figure out how long will it take to reach 1million dolloar when its initial balance is 10000 and the annual compound interest was given as 6%.
I am not even sure if I created the right loop but trying to figure out how many times loop would execute if that loop is executed.
1 Comment
James Tursa
on 14 Oct 2020
Is the interest compounded annually or monthly? Your code would indicate annually.
Accepted Answer
More Answers (0)
Categories
Find more on Loops and Conditional Statements in Help Center and File Exchange
Community Treasure Hunt
Find the treasures in MATLAB Central and discover how the community can help you!
Start Hunting!