Input: your program should ask the user for the amount of principal, the interest rate as a percent (like 1.2), the number of times interest is compounded per year, and the number of years that the investment will last. Output: the output should be in the form shown below. For instance, if the user entered the values in my example, your output would look like: Principal : $450.00 Interest rate : 1.200% Compounding times yearly : 2 : 6 Years Ending balance : $483.49 Amount of interest : $33.49

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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Hi, I need to solve this problem with C++ programming language using Visual Studio. Thank you.

Input: your program should ask the user for the amount of principal, the interest rate as a
percent (like 1.2), the number of times interest is compounded per year, and the number of
years that the investment will last.
Output: the output should be in the form shown below. For instance, if the user entered the
values in my example, your output would look like:
Principal : $450.00
Interest rate : 1.200%
Compounding times yearly : 2
: 6
Years
Ending balance : $483.49
Amount of interest : $33.49
Transcribed Image Text:Input: your program should ask the user for the amount of principal, the interest rate as a percent (like 1.2), the number of times interest is compounded per year, and the number of years that the investment will last. Output: the output should be in the form shown below. For instance, if the user entered the values in my example, your output would look like: Principal : $450.00 Interest rate : 1.200% Compounding times yearly : 2 : 6 Years Ending balance : $483.49 Amount of interest : $33.49
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