Create m-file to calculate the future value

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Reference no: EM1333199

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.

Where,
F=Future Value
I=Initial Investment
r=Annual Interest Rate
n=Compounding Periods/year
M=Number of Years
A=Amount Deposited at Beginning of Each Year

I'm new to programming - this is to be only 15 lines or so - no more.

Reference no: EM1333199

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