Pulling values from vectors
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I have two fairly basic questions about pulling values from vectors.
n=0:40;
i=n+1
income(i) = initial_income*(1+inflation).^(n)
income(1)
My goal is to pull the second vector from the list while using 1 as the indicator. I'm working in terms of years and income(1) doesn't justify the first year. It amounts to the initial value. I need income(1) to be what currently is income(2) and income(2) to be income(3) so on so forth. How can I manage to do this?
Here's my second question. I know income(1) pulls the first value, but what does income(i) imply? I'm under the assumption that it needs to be used here, but I also want to make sure I understand the reasons why I would use it.
Let me know if anymore information is needed. Thanks!
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