Mary Jane would like to invest her money amounting 100,000 at the bank. Before investing her money, she would like to determine which type of account that she will chose. The amount of interest that her money earns depends on which type of account the money is in. The bank has 6 different types of accounts and they earn interest as follows: Account type Interest earned personal financial personal homeowner 1.5% 2.0% personal gold 2.5% small business big business gold business 3.0% 3.5% 4.0% Mary Jane as a programmer would like to make a program that computes automatically the interest earned of her money in each type of account.

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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Mary Jane would like to invest her money amounting 100,000 at the bank. Before investing
her money, she would like to determine which type of account that she will chose. The
amount of interest that her money earns depends on which type of account the money is in.
The bank has 6 different types of accounts and they earn interest as follows:
Account type
personal financial
personal homeowner
Interest earned
1.5%
2.0%
personal gold
small business
2.5%
3.0%
big business
3.5%
gold business
4.0%
Mary Jane as a programmer would like to make a program that computes automatically
the interest earned of her money in each type of account.
Transcribed Image Text:Mary Jane would like to invest her money amounting 100,000 at the bank. Before investing her money, she would like to determine which type of account that she will chose. The amount of interest that her money earns depends on which type of account the money is in. The bank has 6 different types of accounts and they earn interest as follows: Account type personal financial personal homeowner Interest earned 1.5% 2.0% personal gold small business 2.5% 3.0% big business 3.5% gold business 4.0% Mary Jane as a programmer would like to make a program that computes automatically the interest earned of her money in each type of account.
1. What are the data needed for the solution of the program to produce the desired output?
2. What statements in the program that determines interest earned of each type of account?
3. What was the condition applied to satisfy the requirement?
4. What have you observed in using nested if statement in this program?
Transcribed Image Text:1. What are the data needed for the solution of the program to produce the desired output? 2. What statements in the program that determines interest earned of each type of account? 3. What was the condition applied to satisfy the requirement? 4. What have you observed in using nested if statement in this program?
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