use a loop in matlab to determine how long it will take to accumulate in a bank account if you deposit initially and at the end of each year; the account pays percent annual interest. in matlab

main.m
% Define variables
interest_rate = 0.05;     % annual interest rate (5%)
initial_deposit = 1000;   % initial deposit
annual_deposit = 500;     % annual deposit
target_amount = 5000;     % target amount to accumulate

% Initialize variables
current_amount = initial_deposit;
years_passed = 0;

% Loop until the target amount is reached
while current_amount < target_amount
    % Add annual deposit
    current_amount = current_amount + annual_deposit;
    % Add interest
    current_amount = current_amount * (1 + interest_rate);
    % Increase number of years passed
    years_passed = years_passed + 1;
end

% Display result
disp(['It will take ', num2str(years_passed), ' years to accumulate $', num2str(target_amount)])
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