Storing Value From For Loop
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I'm having trouble trying to store my values into a variable. The question of this is:
A necklace is appraised at $2200. THe value of the neclace increases at an anhnual rate of 4%, so one year from today the necklace will be worth $$2288.
Use a for loop to determine how much the necklace will be worth eacy year from now until 15 years from today. Store the values in a vector called "value".
This is what I have so far, but I need to store the following 1:15 in the value.
value = 2200;
for n=1:15
2200*1.04^n
end
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