Create a C++ program for the following cases: Required: 1. Program Plan 2. Algorithm 3. Flowchart 4. Pseudocode 5. Iteration Table 6. Sample Run

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
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Create a C++ program for the following cases: Required: 1. Program Plan 2. Algorithm 3. Flowchart 4. Pseudocode 5. Iteration Table 6. Sample Run
3. The formula for compound interest is P (1 + r/n)^(nt), where P is the initial principal
balance, r is the interest rate, n is the number of times interest is compounded per time
period and t is the number of time periods.
A = P(1+÷)"
п
A
final amount
initial principal balance
interest rate
P
%3D
r
%3D
number of times interest applied per time period
number of time periods elapsed
%3D
Write a program which input principal, rate and time from user and calculate
compound interest. You can use library function, CI = P(1+R/100)T – P.
Transcribed Image Text:3. The formula for compound interest is P (1 + r/n)^(nt), where P is the initial principal balance, r is the interest rate, n is the number of times interest is compounded per time period and t is the number of time periods. A = P(1+÷)" п A final amount initial principal balance interest rate P %3D r %3D number of times interest applied per time period number of time periods elapsed %3D Write a program which input principal, rate and time from user and calculate compound interest. You can use library function, CI = P(1+R/100)T – P.
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