Question
Can I get help on this in 30 minutes The program is a C++ program and is: A savings account typically accrues savings using compound
Can I get help on this in 30 minutes
The program is a C++ program and is:
A savings account typically accrues savings using compound interest. If you deposit $1000 with a 10% interest rate per year, after one year you will have $1100. If you leave this money in the account for another year at 10% interest, you will have $1210. After three years you will have $1331, and so on.
Write a program that inputs the initial amount , interest rate per year, and the number of years the money will accrue compound interest. Write a recursive function that calculates the amount of money that will be in the savings account using the input information.
To verify your function, the amount should be equal to ??(1+ ??)??, where P is the amount initially saved, i is the interest rate per year, and n is the number of years.
The program should :
Use only one file for the program.
Create a class named SavingsAccount.
Clearly separate the declaration and implementation sections.
Add constructors, accessors and mutators and any other function you believe is important.
Add as a member the recursive function for this project named projectedSavings() with three input values as described which returns the final savings amount after the interest is applied.
Sample output:
Please enter the principle: 1000
Please enter the interest rate: 10
Please enter the number of years: 3
Your total savings after 3 years will be $1331.
Note: The output should look exactly as shown the example above. Bold characters means user input.
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