Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

C++ Write a program that calculates the ending balance of several savings accounts. The program reads information about different customers accounts from an input file,

C++

Write a program that calculates the ending balance of several savings accounts. The program reads information about different customers accounts from an input file, accounts.txt. Each row in the file contains account information for one customer. This includes: the account number, account type (premium, choice, or basic account), starting balance, total amount deposited, and total amount withdrawn.

Your program should:

- open the file and check for successful open,

- then calculate the ending balance for each customer account. The calculated data must be saved in an output file, accountsOut.txt, in a neat format as shown below. You may assume that the interest is 5% for premium accounts, 3% for choice accounts, and 1% for basic accounts.

You MUST use a named constant for the interest rates. Since the results displayed are monetary values, your output must be displayed with two decimal places of precision. Be sure decimals line up when you output the final accounts information. And do not forget to close the files when done with them.

Sample input file:

234019 Premium 50100.44 25500.00 14792.91

234490 Choice 35000.52 14000.00 15780.88

347269 Premium 80400.00 28750.00 15598.70

239801 Basic 5504.29 1700.00 1600.76

487241 Basic 4023.00 1950.00 1500.00

982111 Choice 9245.00 12300.00 11768.98

Sample output file:

Account Type StartBalance Deposit Withdrawal EndBalance

--------------------------------------------------------------------

234019 Premium 50100.44 25500.00 14792.91 63847.91

234490 Choice 35000.52 14000.00 15780.88 34216.23

347269 Premium 80400.00 28750.00 15598.70 98228.87

239801 Basic 5504.29 1700.00 1600.76 5659.56

487241 Basic 4023.00 1950.00 1500.00 4517.73

982111 Choice 9245.00 12300.00 11768.98 10069.30

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

Database Concepts

Authors: David M. Kroenke, David J. Auer

7th edition

133544621, 133544626, 0-13-354462-1, 978-0133544626

More Books

Students also viewed these Databases questions

Question

Repeat Prob. 4.3-3, using the tabular form of the simplex method.

Answered: 1 week ago

Question

3. Write a policy statement to address these issues.

Answered: 1 week ago