counting number of times commadn executed in while loop
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Hello,
I am working on a problem where I need to know how many years it would take for interest being compounded annually to be twice the intial investment. for Initial investment of $1000, here is my code at a rate of 5%
FinalValue = Investment;
while FinalValue < 2*Investment;
FinalValue = FinalValue + Rate*FinalValue;
end
but I dont know how to assign numYears to the number of years (number of executions) of this loop.
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Roger Stafford
el 21 de Jun. de 2014
FinalValue = Investment;
Count = 0;
while FinalValue < 2*Investment;
FinalValue = FinalValue + Rate*FinalValue;
Count = Count+1;
end
2 comentarios
Roger Stafford
el 21 de Jun. de 2014
'Count' is a count of the number of times you have executed the line
FinalValue = FinalValue + Rate*FinalValue;
which is presumably the number of years you have accumulated interest in doubling your initial investment. It increases by one for each trip through the while-loop.
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