Consider the following programming problem: In 1627, Manhattan Island was sold to Dutch settlers for $24. If the proceeds of this sale had been deposited in a Dutch bank paying 5% interest, compounded annually, what would the principal balance be at the end of 2002? The following display is required: "Balance as of December 31, 2002 Is: XXXXX"; XXx is the amount calculated by your program. a. For this programming problem, how many outputs are required? b. How many inputs does this problem have? c. Determine a formula for converting input items into output items.

Consider the following programming problem: In 1627, Manhattan Island was sold to Dutch settlers for $24. If the proceeds of this sale had been deposited in a Dutch bank paying 5% interest, compounded annually, what would the principal balance be at the end of 2002? The following display is required: "Balance as of December 31, 2002 Is: XXXXX"; XXx is the amount calculated by your program. a. For this programming problem, how many outputs are required? b. How many inputs does this problem have? c. Determine a formula for converting input items into output items.

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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Concept explainers

Max Function

Statistical function is of many categories. One of them is a MAX function. The MAX function returns the largest value from the list of arguments passed to it. MAX function always ignores the empty cells when performing the calculation.

Power Function

A power function is a type of single-term function. Its definition states that it is a variable containing a base value raised to a constant value acting as an exponent. This variable may also have a coefficient. For instance, the area of a circle can be given as:

Question

Consider the following programming problem: In 1627, Manhattan Island was
sold to Dutch settlers for $24. If the proceeds of this sale had been deposited in a Dutch bank
paying 5% interest, compounded annually, what would the principal balance be at the end of
2002? The following display is required: "Balance as of December 31, 2002 is: XXXXXX"; xXXxx s
the amount calculated by your program.
a. For this programming problem, how many outputs are required?
b. How many inputs does this problem have?
c. Determine a formula for converting input items into output items.

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