12. Stock Transaction Program Last month, Joe purchased some stock in Acme Software, Inc. Here are the details of the purchase: • The number of shares that Joe purchased was 2,000. • When Joe purchased the stock, he paid $40.00 per share. • Joe paid his stockbroker a commission that amounted to 3 percent of the amount he paid for the stock. Two weeks later, Joe sold the stock. Here are the details of the sale: • The number of shares that Joe sold was 2,000. • He sold the stock for $42.75 per share. • He paid his stockbroker another commission that amounted to 3 percent of the amount he received for the stock. Write a program that displays the following information: • The amount of money Joe paid for the stock. • The amount of commission Joe paid his broker when he bought the stock. The amount for which Joe sold the stock. • The amount of commission Joe paid his broker when he sold the stock. • Display the amount of money that Joe had left when he sold the stock and paid his broker (both times). If this amount is positive, then Joe made a profit. If the amount is negative, then Joe lost money.

C++ Programming: From Problem Analysis to Program Design
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12. Stock Transaction Program
Last month, Joe purchased some stock in Acme Software, Inc. Here are the details of the
purchase:
• The number of shares that Joe purchased was 2,000.
• When Joe purchased the stock, he paid $40.00 per share.
• Joe paid his stockbroker a commission that amounted to 3 percent of the amount he paid
for the stock.
Two weeks later, Joe sold the stock. Here are the details of the sale:
• The number of shares that Joe sold was 2,000.
Transcribed Image Text:12. Stock Transaction Program Last month, Joe purchased some stock in Acme Software, Inc. Here are the details of the purchase: • The number of shares that Joe purchased was 2,000. • When Joe purchased the stock, he paid $40.00 per share. • Joe paid his stockbroker a commission that amounted to 3 percent of the amount he paid for the stock. Two weeks later, Joe sold the stock. Here are the details of the sale: • The number of shares that Joe sold was 2,000.
• He sold the stock for $42.75 per share.
• He paid his stockbroker another commission that amounted to 3 percent of the amount
he received for the stock.
Write a program that displays the following information:
• The amount of money Joe paid for the stock.
• The amount of commission Joe paid his broker when he bought the stock.
The amount for which Joe sold the stock.
• The amount of commission Joe paid his broker when he sold the stock.
• Display the amount of money that Joe had left when he sold the stock and paid his
broker (both times). If this amount is positive, then Joe made a profit. If the amount is
negative, then Joe lost money.
Transcribed Image Text:• He sold the stock for $42.75 per share. • He paid his stockbroker another commission that amounted to 3 percent of the amount he received for the stock. Write a program that displays the following information: • The amount of money Joe paid for the stock. • The amount of commission Joe paid his broker when he bought the stock. The amount for which Joe sold the stock. • The amount of commission Joe paid his broker when he sold the stock. • Display the amount of money that Joe had left when he sold the stock and paid his broker (both times). If this amount is positive, then Joe made a profit. If the amount is negative, then Joe lost money.
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