Chapter 4.2, Problem 6SC

Program Plan Intro

Given data:

It is given that there is a bank account, in which it is required to calculate the interest for bank account. Assume that there are two variables such as “percent” and “balance” declared with “double” data type.

The following is the formula to compute the interest in bank account,

$\begin{array}{l}\text{Interest = }\frac{\text{principal\_amount}\left(\text{balance}\right)\text{× percent}}{\text{100}}\hfill \\ \hfill \end{array}$