Given constants a and b. define h(t) for
Sketch the graph of Ii and apply one of the preceding problems to show that
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- When you borrow money to buy a house, a car, or for some other purpose, you repay the loan by making periodic payments over a certain period of time. Of course, the lending company will charge interest on the loan. Every periodic payment consists of the interest on the loan and the payment toward the principal amount. To be specific, suppose that you borrow $1,000 at an interest rate of 7.2% per year and the payments are monthly. Suppose that your monthly payment is $25. Now, the interest is 7.2% per year and the payments are monthly, so the interest rate per month is 7.2/12 = 0.6%. The first months interest on $1,000 is 1000 0.006 = 6. Because the payment is $25 and the interest for the first month is $6, the payment toward the principal amount is 25 6 = 19. This means after making the first payment, the loan amount is 1,000 19 = 981. For the second payment, the interest is calculated on $981. So the interest for the second month is 981 0.006 = 5.886, that is, approximately $5.89. This implies that the payment toward the principal is 25 5.89 = 19.11 and the remaining balance after the second payment is 981 19.11 = 961.89. This process is repeated until the loan is paid. Write a program that accepts as input the loan amount, the interest rate per year, and the monthly payment. (Enter the interest rate as a percentage. For example, if the interest rate is 7.2% per year, then enter 7.2.) The program then outputs the number of months it would take to repay the loan. (Note that if the monthly payment is less than the first months interest, then after each payment, the loan amount will increase. In this case, the program must warn the borrower that the monthly payment is too low, and with this monthly payment, the loan amount could not be repaid.)arrow_forward(Numerical) Write a program that tests the effectiveness of the rand() library function. Start by initializing 10 counters to 0, and then generate a large number of pseudorandom integers between 0 and 9. Each time a 0 occurs, increment the variable you have designated as the zero counter; when a 1 occurs, increment the counter variable that’s keeping count of the 1s that occur; and so on. Finally, display the number of 0s, 1s, 2s, and so on that occurred and the percentage of the time they occurred.arrow_forward(Data processing) Your professor has asked you to write a C++ program that determines grades at the end of the semester. For each student, identified by an integer number between 1 and 60, four exam grades must be kept, and two final grade averages must be computed. The first grade average is simply the average of all four grades. The second grade average is computed by weighting the four grades as follows: The first grade gets a weight of 0.2, the second grade gets a weight of 0.3, the third grade gets a weight of 0.3, and the fourth grade gets a weight of 0.2. That is, the final grade is computed as follows: 0.2grade1+0.3grade2+0.3grade3+0.2grade4 Using this information, construct a 60-by-7 two-dimensional array, in which the first column is used for the student number, the next four columns for the grades, and the last two columns for the computed final grades. The program’s output should be a display of the data in the completed array. For testing purposes, the professor has provided the following data:arrow_forward
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