Design a retirement planning calculator for Skulling Financial Services by pseudocode or flowchart. Allow a user to enter a number of working years remaining in the user’s career and the annual amount of money the user can save. Assume that the user earns three percent simple interest on savings annually. Program output is a schedule that lists each year number in retirement starting with year 0 and the user’s savings at the start of that year. Assume that the user spends $60,000 per year in retirement and then earns three percent interest on the remaining balance. End the list after 30 years, or when the user’s balance is 0 or less, whichever comes first.
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:
Design a retirement planning calculator for Skulling Financial Services by pseudocode or flowchart. Allow a user to enter a number of working years remaining in the user’s career and the annual amount of money the user can save. Assume that the user earns three percent simple interest on savings annually. Program output is a schedule that lists each year number in retirement starting with year 0 and the user’s savings at the start of that year. Assume that the user spends $60,000 per year in retirement and then earns three percent interest on the remaining balance. End the list after 30 years, or when the user’s balance is 0 or less, whichever comes first.
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