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C++ Programming

C++ Programming

Database System Concepts
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
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C++ Programming

QUESTION 4 Costway provide a loan scheme to their staffs. The duration of payment (year of installment) is 2 years. The maximum loan is RM10,000. The program that can help the Account Department to calculate the monthly installment. The program should be able to receive inputs from the staff's name and the amount of loan (RM). Based on these inputs, the program should therefore be able to calculate the monthly installment. Display the staff's name, the amount of loan and the installment. The table for the interest calculation is provided as follows: Amount of Loan (RM) Interest (%) < 5,000 5,000 10,000 2.0 2.5 The formulas for the monthly installment calculation are as follows: Total of Interest = Percent of Interest x Amount of Loan %3D Total Loan with Interest = Amount of Loan + Total of Interest Monthly Installment Installment x 12) Total Loan with Interest / (Year of
Transcribed Image Text:QUESTION 4 Costway provide a loan scheme to their staffs. The duration of payment (year of installment) is 2 years. The maximum loan is RM10,000. The program that can help the Account Department to calculate the monthly installment. The program should be able to receive inputs from the staff's name and the amount of loan (RM). Based on these inputs, the program should therefore be able to calculate the monthly installment. Display the staff's name, the amount of loan and the installment. The table for the interest calculation is provided as follows: Amount of Loan (RM) Interest (%) < 5,000 5,000 10,000 2.0 2.5 The formulas for the monthly installment calculation are as follows: Total of Interest = Percent of Interest x Amount of Loan %3D Total Loan with Interest = Amount of Loan + Total of Interest Monthly Installment Installment x 12) Total Loan with Interest / (Year of
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