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Computing same monthly payment
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Month = (1:n)';
Monthly_Amount(60,1)=(P*i/(1-(1+i)^-n))
This is part of a code to create a monthly payment. My question is that i need to computed the monthly in amount which is the same for 60 monts. Now i need to create a vector for this amount to be shown in table
when i tried it this way the output was zeros from 1-59th month and the correct amount in the 60th month.
Since it doesn't change monthly i opted to noit enter it in my for loop.
Not sure if i explained myself well.
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