Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

C++ program Write a program that will calculate the monthly balance on a savings account. Your program will prompt the user for the initial balance

C++ program

Write a program that will calculate the monthly balance on a savings account. Your program will prompt the user for the initial balance on the account, annual percentage rate, amount the user will be depositing each month and how many months the program should calculate.

Assume the following: B is the initial balance A is the amount being deposited monthly R is the annual percentage rate

The balance each month can be calculated by:

Balance= (R/12 +1) B + A

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Transactions On Large Scale Data And Knowledge Centered Systems Vi Special Issue On Database And Expert Systems Applications Lncs 7600

Authors: Abdelkader Hameurlain ,Josef Kung ,Roland Wagner ,Stephen W. Liddle ,Klaus-Dieter Schewe ,Xiaofang Zhou

2012th Edition

3642341780, 978-3642341786

More Books

Students also viewed these Databases questions