Assuming there are no deposits other than the original investment, the balance in a saving account after one year may be calculated as Rate Amount = Principal x(1+) %3D T Principal is the balance in the savings account, Rate is the interest rate, and Tis the number of times the interest is compounded during a year (e.g. T is 4 if the interest is compounded quarterly). Write a program named saving.cpp that asks for the principal, the interest rate, and the number of times the interest is compounded. Compute the interest earned and the total amount in the saving account, and print the report shown in the task 2 sample output. Task 2 Sample Output: Please enter the principal amount: 1000.00 Please enter the interest rate: 4.25 Please enter the number of times compounded: 12 Interest Rate: Times Compounded: Principal: Interest: Amount in Savings: 4.254 12 $ 1000.00 43.34 $ 1043.34 All the S muit be aligned र क
Assuming there are no deposits other than the original investment, the balance in a saving account after one year may be calculated as Rate Amount = Principal x(1+) %3D T Principal is the balance in the savings account, Rate is the interest rate, and Tis the number of times the interest is compounded during a year (e.g. T is 4 if the interest is compounded quarterly). Write a program named saving.cpp that asks for the principal, the interest rate, and the number of times the interest is compounded. Compute the interest earned and the total amount in the saving account, and print the report shown in the task 2 sample output. Task 2 Sample Output: Please enter the principal amount: 1000.00 Please enter the interest rate: 4.25 Please enter the number of times compounded: 12 Interest Rate: Times Compounded: Principal: Interest: Amount in Savings: 4.254 12 $ 1000.00 43.34 $ 1043.34 All the S muit be aligned र क
C++ for Engineers and Scientists
4th Edition
ISBN:9781133187844
Author:Bronson, Gary J.
Publisher:Bronson, Gary J.
Chapter6: Modularity Using Functions
Section6.4: A Case Study: Rectangular To Polar Coordinate Conversion
Problem 9E: (Numerical) Write a program that tests the effectiveness of the rand() library function. Start by...
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