Programming and Problem Solving With C++
Programming and Problem Solving With C++
6th Edition
ISBN: 9781449694265
Author: Nell Dale
Publisher: Jones & Bartlett Learning
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Chapter 4, Problem 5CSF
Program Plan Intro

Program Plan:

  1. Declarefloat type variablesloanAmount, yearlyInterest, monthlyInterest and payment declared.
  2. Declareint type variable numberOf Years, numberOfPayments declared.
  3. Ask user to enter loan amount, yearly interest and number of years.
  4. Based on the entered values calculate the monthly interest and store it variable monthlyInterest. Similarly calculate number of payments and payments.
  5. Display loan amount, yearly interest, number of years and payment.

Program Description:

The program is modified version of mortgage program which prompts and reads variables from the user.

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