Write a program with C++ that reads in investment amount, annual interest rate, and number of years, and displays the future investment value using the following formula, and displays the future investment value using the following formula: Future Investment Value = Investment Amount x (1 + monthly Interest Rate) number Of Years*12 For example, if you enter amount 1000, annual interest rate 3.25%, and number of years 1, the future investment value is 1032.98. Hint: Use the pow (a, b) method to compute a raised to the power of b. Here is a sample run: Sample 1: Enter investment amount: 1000 Enter monthly interest rate: 4.25 Enter number of years: 1 Accumulated value is 1043.34 Sample 2: Enter investment amount: 1000 Enter monthly interest rate: 4.25 Enter number of years: 1 Accumulated value is 1043.34
Write a
Future Investment Value =
Investment Amount x (1 + monthly Interest Rate) number Of Years*12
For example, if you enter amount 1000, annual interest rate 3.25%, and number of years 1, the future investment value is 1032.98.
Hint: Use the pow (a, b) method to compute a raised to the power of b.
Here is a sample run:
Sample 1:
Enter investment amount: 1000
Enter monthly interest rate: 4.25
Enter number of years: 1
Accumulated value is 1043.34
Sample 2:
Enter investment amount: 1000
Enter monthly interest rate: 4.25
Enter number of years: 1
Accumulated value is 1043.34
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