Interest on a credit card’s unpaid balance is calculated using the average daily balance. Suppose that netBalanceis the balance shown in the bill, paymentis the payment made, d1is the number of days in the billing cycle, and d2is the number of days payment is made before the billing cycle. Then the average daily balance is: averageDailyBalance = (netBalance * d1 –payment * d2) / d1 if the interest rate per month is say, 0.0152, then the interest on the unpaid balanceis: interest = averageDailyBalance * 0.0152 Design a program that accepts as input netBalance, payment, d1, d2, and interest rate per month. The program outputs the interest charged. Format your output to two decimal places.
Interest on a credit card’s unpaid balance is calculated using the average daily balance. Suppose that netBalanceis the balance shown in the bill, paymentis the payment made, d1is the number of days in the billing cycle, and d2is the number of days payment is made before the billing cycle. Then the average daily balance is: averageDailyBalance = (netBalance * d1 –payment * d2) / d1 if the interest rate per month is say, 0.0152, then the interest on the unpaid balanceis: interest = averageDailyBalance * 0.0152 Design a program that accepts as input netBalance, payment, d1, d2, and interest rate per month. The program outputs the interest charged. Format your output to two decimal places.
Computer Networking: A Top-Down Approach (7th Edition)
7th Edition
ISBN:9780133594140
Author:James Kurose, Keith Ross
Publisher:James Kurose, Keith Ross
Chapter1: Computer Networks And The Internet
Section: Chapter Questions
Problem R1RQ: What is the difference between a host and an end system? List several different types of end...
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Interest on a credit card’s unpaid balance is calculated using the average daily balance. Suppose that netBalanceis the balance shown in the bill, paymentis the payment made, d1is the number of days in the billing cycle, and d2is the number of days payment is made before the billing cycle. Then the average daily balance is:
averageDailyBalance = (netBalance * d1 –payment * d2) / d1
if the interest rate per month is say, 0.0152, then the interest on the unpaid balanceis:
interest = averageDailyBalance * 0.0152
Design a program that accepts as input netBalance, payment, d1, d2, and interest rate per month. The program outputs the interest charged. Format your output to two decimal places.
C++
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