At the start of what year will you have reached or exceeded a savings goal?
Parameters (all are constant scalars given in a structure):
- f.startingSalary: Starting yearly salary
- f.investRate: Percentage of salary invested each year
- f.raiseRate: Percentage raise given at beginning of year EXCEPT the first
- f.returnRate: Percentage gain in invested money
- f.goal: Savings goal
Simplifying assumptions:
- All money is invested at the end of the year.
- Interest is awarded once at the end of the year on money that has been invest for an entire year
- All interest is reinvested immediately and will gain interest the next year
Return:
- At the beginning of which year will the goal been met or exceeded?
Solution Stats
Problem Comments
2 Comments
Solution Comments
Show comments
Loading...
Problem Recent Solvers29
Suggested Problems
-
14124 Solvers
-
Rotate input square matrix 90 degrees CCW without rot90
683 Solvers
-
Replace all zeros and NaNs in a matrix with the string 'error'
103 Solvers
-
Sum the entries of each column of a matrix which satisfy a logical condition.
175 Solvers
-
Accessing elements on the diagonal
105 Solvers
More from this Author51
Problem Tags
Community Treasure Hunt
Find the treasures in MATLAB Central and discover how the community can help you!
Start Hunting!
Test suite is broken f.goal and maybe other field values remain the same as the first test case through the test suite
Variables for the first test were implicitly defined with global scope (lacked initial %%). They should now be constrained to just the first test case.