STARTING OUT WITH C++ MPL
9th Edition
ISBN: 9780136673989
Author: GADDIS
Publisher: PEARSON
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Textbook Question
Chapter 3, Problem 20PC
Interest Earned
Assuming there are no deposits other than the original investment, the balance in a savings account after one year may be calculated as
• Where Principal is the balance in the account
• Rate is the annual interest rate,
• T is the number of times the interest is compounded during a year (e.g., T is 4 if the interest is compounded quarterly).
Write a
Interest Rate: 4.25%
Times Compounded: 12
Principal: $ 1000 .00
Interest: $ 43 .33
Final balance: $ 1043.33
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Students have asked these similar questions
Interest Rates Savings accounts state an interest rate and a compounding period. If theamount deposited is P, the stated interest rate is r, and interest is compounded m timesper year, then the balance in the account after one year is P⋅(1+rm)m. For instance, if$1000 is deposited at 3% interest compounded quarterly (that is, 4 times per year), thenthe balance after one year is1000⋅(1+.034)4=1000⋅1.00754=$1,030.34.Interest rates with different compounding periods cannot be compared directly.The concept of APY (annual percentage yield) must be used to make the comparison. TheAPY for a stated interest rate r compounded m times per year is defined byAPY=(1+rm)m−1.(The APY is the simple interest rate that yields the same amount of interest after oneyear as the compounded annual rate of interest.) Write a program to compare interestrates offered by two different banks and determine the most favorable interest rate. SeeFig. 4.24.
Prompt
Problem: A company wants a program that will calculate the weekly paycheck for an employee based on how many hours they worked. For this
company, an employee earns $20 an hour for the first 40 hours that they work. The employee earns overtime, $30 an hour, for each hour they
work above 40 hours.
Example: If an employee works 60 hours in a week, they would earn $20/hr for the first 40 hours. Then they would earn $30/hr for the 20 hours
they worked overtime. Therefore, they earned: ($20/hr 40hrs)+($30/hr 20 hrs) $800+ $600 = $1400 total.
For this assignment, you must create pseudocode and a flowchart to design a program that will calculate an employee's weekly paycheck.
- Write pseudocode to design a programming solution by outlining a series of steps and using appropriate indentation and keywords. As you
write your pseudocode, be sure to consider the following:
What input does the computer need?
What steps does the program need to follow to process the input? What output should…
Parking Charges) A parking garage charges a $2.00 minimum fee to park for up to threehours and an additional $0.50 per hour for each hour or part thereof over three hours. The maximumcharge for any given 24-hour period is $10.00. Assume that no car parks for longer than 24 hoursat a time. Write a program that will calculate and print the parking charges for each of three customers who parked their cars in this garage yesterday. You should enter the hours parked for eachcustomer. Your program should print the results in a tabular format, and should calculate and printthe total of yesterday's receipts. The program should use the function calculateCharges to determine the charge for each customer. Your outputs should appear in the following format:Car Hours Charge1 1.5 2.002 4.0 2.503 24.0 10.00TOTAL 29.5 14.50
Chapter 3 Solutions
STARTING OUT WITH C++ MPL
Ch. 3.1 - Prob. 3.1CPCh. 3.1 - What is the symbol called?Ch. 3.1 - Where does cin read its input from?Ch. 3.1 - Prob. 3.4CPCh. 3.1 - Assume value is an integer variable. If the user...Ch. 3.1 - A program has the following variable definitions....Ch. 3.1 - The following program will run, but the user will...Ch. 3.1 - Complete the following main function so that it...Ch. 3.2 - In each of the following cases, tell which...Ch. 3.2 - Complete the following table by writing the value...
Ch. 3.2 - Prob. 3.11CPCh. 3.2 - Study the following program code and then complete...Ch. 3.2 - Complete the following program skeleton so that it...Ch. 3.3 - Assume the following variable definitions: int a =...Ch. 3.3 - What will the following program code display if a...Ch. 3.3 - What will the following program code display? int...Ch. 3.5 - Prob. 3.17CPCh. 3.5 - Complete the following program code segment so...Ch. 3.6 - Write a multiple assignment statement that assigns...Ch. 3.6 - Write statements using combined assignment...Ch. 3.6 - What will the following program segment display?...Ch. 3.7 - Write cout statements with stream manipulators...Ch. 3.7 - The following program segment converts an angle in...Ch. 3.8 - Will the following string literal fit in the space...Ch. 3.8 - If a program contains the definition string name;...Ch. 3.8 - Prob. 3.26CPCh. 3.10 - Use a mathematical library function with a cout...Ch. 3.10 - Assume the variables angle1 and angle2 hold angles...Ch. 3.10 - To find the cube root (the third root) of a...Ch. 3.10 - Write a statement that produces a random number...Ch. 3 - Prob. 1RQECh. 3 - Prob. 2RQECh. 3 - Prob. 3RQECh. 3 - Assume the following variables are defined: int...Ch. 3 - What header files must be included in the...Ch. 3 - Prob. 6RQECh. 3 - Prob. 7RQECh. 3 - Complete the following table. Expression Value of...Ch. 3 - Write C++ expressions for the following algebraic...Ch. 3 - Assume a program has the following variable...Ch. 3 - Prob. 11RQECh. 3 - Assume that qty and salesReps are both integers....Ch. 3 - Rewrite the following variable definition so the...Ch. 3 - Complete the following table by writing statements...Ch. 3 - Write a multiple assignment statement that can be...Ch. 3 - Write a pair of multiple assignment statements...Ch. 3 - Replace the following statements with a single...Ch. 3 - Is the following code legal? Why or why not? const...Ch. 3 - Write a cout statement that uses stream...Ch. 3 - Write a cout statement that uses stream...Ch. 3 - What header file must be included A) to perform...Ch. 3 - Pet World offers a 15 percent discount to senior...Ch. 3 - A bowling alley is offering a prize to the bowler...Ch. 3 - A retail store grants its customers a maximum...Ch. 3 - Little Italy Pizza charges 14.95 for a 12-inch...Ch. 3 - Trace the following program segments and tell what...Ch. 3 - A) (Assume the user enters George Washington.)...Ch. 3 - Each of the following program segments has some...Ch. 3 - A) const int number1, number2, product; cout ...Ch. 3 - Soft Skills Often programmers work in teams with...Ch. 3 - Miles per Gallon Write a program that calculates a...Ch. 3 - Stadium Seating There are three searing categories...Ch. 3 - Housing Costs Write a program that asks the user...Ch. 3 - How Much Insurance? Many financial experts advise...Ch. 3 - Batting Average Write a program to find a baseball...Ch. 3 - Test Average Write a program that asks for five...Ch. 3 - Average Rainfall Write a program that calculates...Ch. 3 - Male and Female Percentages Write a program that...Ch. 3 - Vacation Days Write a program that prompts the...Ch. 3 - Box Office A movie theater only keeps 80 percent...Ch. 3 - How Many Widgets? The Yukon Widget Company...Ch. 3 - How many Calories? A bag of cookies holds 30...Ch. 3 - Ingredients Adjuster A cookie recipe calls for the...Ch. 3 - Celsius to Fahrenheit Write a program that...Ch. 3 - Currency Write a program that will convert U.S....Ch. 3 - Monthly Sales Tax A retail company muse file a...Ch. 3 - Property Tax Madison County collects property...Ch. 3 - Senior Citizen Property Tax Madison County...Ch. 3 - Math Tutor Write a program that can be used as a...Ch. 3 - Interest Earned Assuming there are no deposits...Ch. 3 - Monthly Payments The monthly payment on a loan may...Ch. 3 - Pizza Slices Joe's Pizza Palace needs a program to...Ch. 3 - How Many Pizzas? Modify the program you wrote in...Ch. 3 - Angle Calculator Write a program that asks the...Ch. 3 - Stock Transaction Program Last month Joe purchased...
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