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Write a C++ program that accepts an amount of money on deposit and a number of years it has been on deposit (years can have decimals). It will determine the interest to be paie on the deposit based on the following schedule: Time on Deposit >= 5 years Less than 5 and >=4 years Less than 4 and >=3 years Less than 3 and >=2 years Less than 2 and >=1 years Less than 1 year Interest Rate 4.5% 4% 3.5% 2.5% 2% 1.5% Compute the interest with the formula: Interest = Deposit * IntRate*Years. Display the original deposit, the interest earned, and the new Balance (with interest added to the deposit). Deposits with Interest Program Please enter the amount deposited today: 100.00 Please enter the number of years it has been on deposit: 7.5 Your original deposit was $100.00 Your interest earned in 7.50 years is $33.75 Your new balance is $133.75

Write a C++ program that accepts an amount of money on deposit and a number of years it has been on deposit (years can have decimals). It will determine the interest to be paie on the deposit based on the following schedule: Time on Deposit >= 5 years Less than 5 and >=4 years Less than 4 and >=3 years Less than 3 and >=2 years Less than 2 and >=1 years Less than 1 year Interest Rate 4.5% 4% 3.5% 2.5% 2% 1.5% Compute the interest with the formula: Interest = Deposit * IntRate*Years. Display the original deposit, the interest earned, and the new Balance (with interest added to the deposit). Deposits with Interest Program Please enter the amount deposited today: 100.00 Please enter the number of years it has been on deposit: 7.5 Your original deposit was $100.00 Your interest earned in 7.50 years is $33.75 Your new balance is $133.75

Database System Concepts
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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Write a C++ program that accepts an amount of money on deposit and a number of years it has been on deposit (years can have decimals). It will determine the interest to be paid on the deposit based on the following schedule: Time on Deposit Interest Rate >= 5 years |4.5% Less than 5 and >=4 years 4% Less than 4 and >=3 years 3.5% 2.5% Less than 3 and >=2 years Less than 2 and >=1 years 2% Less than 1 year 1.5% Compute the interest with the formula: Interest = Deposit * IntRate*Years. %3D Display the original deposit, the interest earned, and the new Balance (with interest added to the deposit). Deposits with Interest Program Please enter the amount deposited today: 100.00 Please enter the number of years it has been on deposit: 7.5 Your original deposit was $100.00 Your interest earned in 7.50 years is $33.75 Your new balance is $133.75
Transcribed Image Text:Write a C++ program that accepts an amount of money on deposit and a number of years it has been on deposit (years can have decimals). It will determine the interest to be paid on the deposit based on the following schedule: Time on Deposit Interest Rate >= 5 years |4.5% Less than 5 and >=4 years 4% Less than 4 and >=3 years 3.5% 2.5% Less than 3 and >=2 years Less than 2 and >=1 years 2% Less than 1 year 1.5% Compute the interest with the formula: Interest = Deposit * IntRate*Years. %3D Display the original deposit, the interest earned, and the new Balance (with interest added to the deposit). Deposits with Interest Program Please enter the amount deposited today: 100.00 Please enter the number of years it has been on deposit: 7.5 Your original deposit was $100.00 Your interest earned in 7.50 years is $33.75 Your new balance is $133.75
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