7. (Medium) (Financial application: initial deposit amount) Suppose you want to deposit a certain amount of money into a savings account with a fixed annual interest rate. Write a program that prompts the üser to enter the final account value, the annual interest rate in percent, and the number of years, and then displays the initial deposit amount. The initial deposit amount can be obtained using the following formula: finalAccountValue (1+monthlyInterestRate)' initialDepositAmount = numberOfMonths Here is a sample run: Enter final account value: 1000 Enter annual interest rate in percent: 4.25

7. (Medium) (Financial application: initial deposit amount) Suppose you want to deposit a certain amount of money into a savings account with a fixed annual interest rate. Write a program that prompts the üser to enter the final account value, the annual interest rate in percent, and the number of years, and then displays the initial deposit amount. The initial deposit amount can be obtained using the following formula: finalAccountValue (1+monthlyInterestRate)' initialDepositAmount = numberOfMonths Here is a sample run: Enter final account value: 1000 Enter annual interest rate in percent: 4.25

Database System Concepts

7th Edition

ISBN:9780078022159

Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan

Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan

Chapter1: Introduction

Section: Chapter Questions

Problem 1PE

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