Modify the compound-interest program (Figure 4.6) to repeat its steps for interest rates of 5%, 6%, 7%, 8%, 9%, and 10%. Use for loop to vary the interest rate. // Fig. 4.6: fig04_06.c 2 // Calculating compound interest. #include #include 3 4. 5 6. int main(void) double principal = 1000.0; // starting principal double rate = .05; // annual interest rate 8 %3D 9. 10 // output table column heads printf("%4s%21s\n", "Year", ID 12 "Amount on posit"); 13 // calculate amount on deposit for each of ten years for (unsigned int year 14 15 1; year <= 10; ++year) { %3D 16 // calculate new amount for specified year double amount = 17 18 principal * pow(1.0 + rate, year); 19 // output one table row printf("%4u%21.2f\n", year, amount); 20 21 22 23

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Author:James Kurose, Keith Ross
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C language. Add one (For statement) only
Modify the compound-interest program (Figure 4.6) to repeat its steps for interest rates of 5%, 6%, 7%,
8%, 9%, and 10%. Use for loop to vary the interest rate.
// Fig. 4.6: fig04 06.c
// Calculating compound interest.
3
#include <stdio.h>
4
#include <math.h>
5
int main(void)
{
double principal
double rate = .05; // annual interest rate
6.
8
= 1000.0; // starting principal
10
// output table column heads
printf("%4s%21ls\n", "Year", "Amount on deposit");
%3D
12
13
// calculate amount on deposit for each of ten years
for (unsigned int year = 1; year <= 10; ++year) {
14
15
16
// calculate new amount for specified year
double amount =
17
18
principal * pow(1.0 + rate, year);
19
// output one table row
printf("%4u%21.2f\n", year, amount);
20
21
22
23
Transcribed Image Text:Modify the compound-interest program (Figure 4.6) to repeat its steps for interest rates of 5%, 6%, 7%, 8%, 9%, and 10%. Use for loop to vary the interest rate. // Fig. 4.6: fig04 06.c // Calculating compound interest. 3 #include <stdio.h> 4 #include <math.h> 5 int main(void) { double principal double rate = .05; // annual interest rate 6. 8 = 1000.0; // starting principal 10 // output table column heads printf("%4s%21ls\n", "Year", "Amount on deposit"); %3D 12 13 // calculate amount on deposit for each of ten years for (unsigned int year = 1; year <= 10; ++year) { 14 15 16 // calculate new amount for specified year double amount = 17 18 principal * pow(1.0 + rate, year); 19 // output one table row printf("%4u%21.2f\n", year, amount); 20 21 22 23
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