Create a C++ program for the following cases:Required:1. Program Plan2. Algorithm 3. Flowchart4. Pseudocode5. Iteration Table6. Sample Run 3. The formula for compound interest is P (1 + r/n)^(nt), where P is the initial principalbalance, r is the interest rate, n is the number of times interest is compounded per timeperiod and t is the number of time periods.A = P(1+÷)"пAfinal amountinitial principal balanceinterest rateP%3Dr%3Dnumber of times interest applied per time periodnumber of time periods elapsed%3DWrite a program which input principal, rate and time from user and calculatecompound interest. You can use library function, CI = P(1+R/100)T – P.

To develop a program for the compound interest, we first need the values of the principle, interest…

Answered: Create a C++ program for the following…

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

Np Ms Office 365/Excel 2016 I Ntermed

1st Edition

ISBN:9781337508841

Author:Carey

Publisher:Carey

Chapter3: Performing Calculations With Formulas And Functions

Section: Chapter Questions

Problem 8RA

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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.

Process or set of rules that allow for the solving of specific, well-defined computational problems through a specific series of commands. This topic is fundamental in computer science, especially with regard to artificial intelligence, databases, graphics, networking, operating systems, and security.

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