Answered: Writing the pseudocode and creating the…

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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Writing the pseudocode and creating the flow chart in RAPTOR for the following chapter. Design a retirement planning calculator for Skulling Financial Services. Allow a user to enter a number of working years remaining in the user’s career and the annual amount of money the user can save. Assume that the user earns 3 percent simple interest on savings annually. Program output is a schedule that lists each year number in retirement starting with year 0 and the user’s savings at the start of that year. Assume that the user spends $60,000 per year in retirement and then earns 3 percent interest on the remaining balance. End the list after 30 years, or when the user’s balance is 0 or less, whichever comes first.

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