Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

PLZ IN C PROGRAM C program_____________________________________________________________Suppose you have a certain amount of money in a savings account that earnscompoundmonthly interest, and you want to calculate

PLZ IN C PROGRAM

C program_____________________________________________________________Suppose you have a certain amount of money in a savings account that earnscompoundmonthly interest, and you want to calculate the amount that you will haveafter a specificnumber of months. The formula is as follows:F=P(1+i)tF = P times (1 + i) to the power of tThe terms in the formula are:F is the future value of the account after the specified time period. P is thepresent value of the account. i is the monthly interest rate. t is the number ofmonths.Write a C program that prompts the user to enter the accounts present value,monthly interest rate, and the number of months that the money will be left inthe account. The program should pass these values to a function that returnsthe future value of the account, after the specified number of months. Theprogram should display the accounts future value and the earned amount.

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

Building Database Driven Catalogs

Authors: Sherif Danish

1st Edition

0070153078, 978-0070153073

More Books

Students also viewed these Databases questions

Question

How do books become world of wonder?

Answered: 1 week ago