7. (Medium) (Financial application: initial deposit amount) Suppose you want to deposit a certain amount of money into a savings account with a fixed annual interest rate. Write a program that prompts the üser to enter the final account value, the annual interest rate in percent, and the number of years, and then displays the initial deposit amount. The initial deposit amount can be obtained using the following formula: finalAccountValue (1+ monthlyInterestRate)" initialDepositAmount = numberOfMonths Here is a sample run: Koutput> Enter final account value: 1000 Enter annual interest rate in percent: 4.25
7. (Medium) (Financial application: initial deposit amount) Suppose you want to deposit a certain amount of money into a savings account with a fixed annual interest rate. Write a program that prompts the üser to enter the final account value, the annual interest rate in percent, and the number of years, and then displays the initial deposit amount. The initial deposit amount can be obtained using the following formula: finalAccountValue (1+ monthlyInterestRate)" initialDepositAmount = numberOfMonths Here is a sample run: Koutput> Enter final account value: 1000 Enter annual interest rate in percent: 4.25
C++ Programming: From Problem Analysis to Program Design
8th Edition
ISBN:9781337102087
Author:D. S. Malik
Publisher:D. S. Malik
Chapter9: Records (struct)
Section: Chapter Questions
Problem 10SA
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