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Must use Visual Studio 2017 in C++ language, please Assignment 3 Due: Nov. 3. 2018 Submit the file on Canvas and on zyBooks site by

image text in transcribedimage text in transcribedimage text in transcribedMust use Visual Studio 2017 in C++ language, please

Assignment 3 Due: Nov. 3. 2018 Submit the file on Canvas and on zyBooks site by 11:59 pm on Nov. 3. 2018 The program must include an Id block, and detailed algorithm as a comment block; refer to the sample output for theformat. This assignment is to read from an input file and process the data for a group of people. Your program calculates the interest and print the details to the monitor, refer to the sample below. Teminate the program when the end of file is reached. In this assignment there is no need to verify data. Write a C+ program that accepts an amount of money on deposit and a number of years it has been on deposit. It will determine the interest to be paid on the deposit based on the following schedule: Interest Rate 4.5% 4% 3.5% 2.5% 2% 1.5% Time on Deposit 5 years Less than 5 and4 years Less than 4 and 3 years Less than 3 and-2 years Less than 2 and1 years Less than 1 year The program will use the entered code to determine number of times compound interest is calculated and paid per year Code Number of times calculated 4 12 365 Compute the interest using the ollowing fomula:A P() P-principal amount (the initial amount you borrow or deposit) r - annual rate of interest (as a decimal) t -number of years the amount is deposited or borTowed for. A- amount of money accumulated after n years, including interest. Assignment 3 Due: Nov. 3. 2018 Submit the file on Canvas and on zyBooks site by 11:59 pm on Nov. 3. 2018 The program must include an Id block, and detailed algorithm as a comment block; refer to the sample output for theformat. This assignment is to read from an input file and process the data for a group of people. Your program calculates the interest and print the details to the monitor, refer to the sample below. Teminate the program when the end of file is reached. In this assignment there is no need to verify data. Write a C+ program that accepts an amount of money on deposit and a number of years it has been on deposit. It will determine the interest to be paid on the deposit based on the following schedule: Interest Rate 4.5% 4% 3.5% 2.5% 2% 1.5% Time on Deposit 5 years Less than 5 and4 years Less than 4 and 3 years Less than 3 and-2 years Less than 2 and1 years Less than 1 year The program will use the entered code to determine number of times compound interest is calculated and paid per year Code Number of times calculated 4 12 365 Compute the interest using the ollowing fomula:A P() P-principal amount (the initial amount you borrow or deposit) r - annual rate of interest (as a decimal) t -number of years the amount is deposited or borTowed for. A- amount of money accumulated after n years, including interest

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