Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Write a program that calculates how much money you'll end up with if you invest an amount of money at a fixed interest rate, compounded

Write a program that calculates how much money you'll end up with if you invest an amount of money at a fixed interest rate, compounded yearly. Have the user furnish the initial amount, the number of years, and the yearly interest rate in percent. Some interaction with the program might look like this: Enter initial amount: 3000 Enter number of years: 10 Enter interest rate (percent per year): 5.5 At the end of 10 years, you will have 5124.43 dollars.
in c++

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Databases questions