Hello!
I am trying to understand the concepts of while-loops for programming, and was watching this tutorial on youtube. The example was given in Matlab (which I believe has a similar syntax to R):
bal = 5000;
year = 0;
while bal<1000000
bal = 1.08*bal + 5000;
year = year + 1;
end
disp(bal);
disp(year);
Just to briefly explain the problem, although it might be obvious to many of you:
I have a starting balance of 5000 in the bank invested at a compound interest rate of 8%. At what year will my balance amount to 1 million?
the disp(bal) and disp(year) give me the correct answers, but I also want to plot the graph of balance(Y-axis) against year(X-axis), to show the exponentially-increasing savings amount. However when I code:
plot(year,bal)
All I get is a blank space. My friend suggested that it's possible that I'm only plotting a dot. Can anyone help me solve the problem of plotting this graph?
Thank you!
I am trying to understand the concepts of while-loops for programming, and was watching this tutorial on youtube. The example was given in Matlab (which I believe has a similar syntax to R):
bal = 5000;
year = 0;
while bal<1000000
bal = 1.08*bal + 5000;
year = year + 1;
end
disp(bal);
disp(year);
Just to briefly explain the problem, although it might be obvious to many of you:
I have a starting balance of 5000 in the bank invested at a compound interest rate of 8%. At what year will my balance amount to 1 million?
the disp(bal) and disp(year) give me the correct answers, but I also want to plot the graph of balance(Y-axis) against year(X-axis), to show the exponentially-increasing savings amount. However when I code:
plot(year,bal)
All I get is a blank space. My friend suggested that it's possible that I'm only plotting a dot. Can anyone help me solve the problem of plotting this graph?
Thank you!