>> principal = 2500
principal =
2500
>> interest = 0.0125, years = 5
interest =
0.0125
years =
5
>> principal * (1 + interest) ^ years
ans =
2.6602e+03
>> future = principal * (1 + interest) ^ years;
>> disp(future)
2.6602e+03
>> disp(['$', num2str(future)]);
$2660.2054
>> format bank
>> disp(future)
2660.21
>> format long
>> disp(future)
2.660205384063720e+03
>> format long g
>> disp(future)
2660.20538406372
% Example script
% Calculates the future value of a principal amount of money earning a
% given interest rate (compounded annually) for a given number of years
% initialize variables
principal = 2500;
interest = 0.0125; % interest rate is 1.25%
years = 5;
future = principal * (1 + interest) ^ years;
disp(['Investing $', num2str(principal), ' for ', num2str(years), ...
' years at an annual interest rate of ', num2str(interest * 100), ...
'% yields $', num2str(future)]);
>> simpleScript Investing $2500 for 5 years at an annual interest rate of 1.25% yields $2660.2054 >>
+ - * / ^ \