PROG+PROB. SOLV W/C++, ENH (SPEC VAL)
PROG+PROB. SOLV W/C++, ENH (SPEC VAL)
6th Edition
ISBN: 9781284564266
Author: Dale
Publisher: Jones & Barlett
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Chapter 3, Problem 1PSCS
Program Plan Intro

To modify the case study program to print interest rate without precision loss and restrict monthly payment to two decimal places.

Expert Solution & Answer
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Explanation of Solution

Following is the modified program(changes are highlighted in grey):

/*
Put code from book
    .........
    .........
    .........
    
    
*/
//main function
intmain()
{
/*
    Put code from book
    .........
    .........
    .........
    
    
    */
//modifed code
cout<<"For a loan amount of "<<LOAN_AMOUNT<<" with an interest of "<<YEARLY_INTEREST<<" and a "<<NUMBER_OF_YEARS<<fixed<<setprecision(2)<<" year mortgage."<<endl;
cout<<fixed<<setprecision(2)<<" your monthly payment are $"<<payment<<"."<<endl;
//exiting from program
return 0; 
}

Explanation:

The setprecision(2) along with fixed is used to fix the precision value to two decimal point. Remove the setprecision(2) along with fixed from the first cout statement.Put the setprecision(2) along with fixed from the start of second cout statement.

Sample Output:

PROG+PROB. SOLV W/C++, ENH (SPEC VAL), Chapter 3, Problem 1PSCS

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