The dealer’s cost of a car is 85% of the listed price. The dealer would accept any offer that is at least $500 over the dealer’s cost. Design an algorithm that prompts the user to input the list price of the car and print the least amount that the dealer would accept for the car. An ATM allows a customer to withdraw a maximum of $500 per day. If a customer withdraws more than $300, the service charge is 4% of the amount over $300. If the customer does not have sufficient money in the account, the ATM informs the customer about the insufficient funds and gives the customer the option to withdraw the money for a service charge of $25.00. If there is no money in the account or if the account balance is negative, the ATM does not allow the customer to withdraw any money. If the amount to be withdrawn is greater than $500, the ATM informs the customer about the maximum amount that can be withdrawn. Write an algorithm that allows the customer to enter the amount to be withdrawn. The algorithm then checks the total amount in the account, dispenses the money to the customer, and debits the account by the amount withdrawn and the service charges, if any.

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
Problem 1PE
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Approximate time: 1 hour Please design an algorithm for each of the following problems. Express the algorithm in pseudocode. When writing in pseudocode, please be sure to indent for the processes and use spacing to make the pseudocode readable. The pseudocode must follow standards outlined in module 1. Please submit in Microsoft Word. Do not use Google Docs. The dealer’s cost of a car is 85% of the listed price. The dealer would accept any offer that is at least $500 over the dealer’s cost. Design an algorithm that prompts the user to input the list price of the car and print the least amount that the dealer would accept for the car. An ATM allows a customer to withdraw a maximum of $500 per day. If a customer withdraws more than $300, the service charge is 4% of the amount over $300. If the customer does not have sufficient money in the account, the ATM informs the customer about the insufficient funds and gives the customer the option to withdraw the money for a service charge of $25.00. If there is no money in the account or if the account balance is negative, the ATM does not allow the customer to withdraw any money. If the amount to be withdrawn is greater than $500, the ATM informs the customer about the maximum amount that can be withdrawn. Write an algorithm that allows the customer to enter the amount to be withdrawn. The algorithm then checks the total amount in the account, dispenses the money to the customer, and debits the account by the amount withdrawn and the service charges, if any.
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