MATLAB and Simulink resources for Arduino, LEGO, and Raspberry Pi

Learn moreOpportunities for recent engineering grads.

Apply TodayAt 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?

22 correct solutions
23 incorrect solutions

Last solution submitted on Nov 21, 2014