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Write MATLAB code for simple interest calculation

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Reference no: EM132420788

Assignment -

Write MATLAB code - In simple interest calculation, the interest (R) is added to the principal amount (P) each year.

The simple interest amount (I) is given by: I= (R/100) x P

Given,

Case-1: P = $500, R = 10%

Case-2: P = $2000, R = 10%

Case-3: P = $10000, R = 10%

Write the MATLAB program in m-file and save it with the name 'SimpleInterest.m'.

Reference no: EM132420788

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