Most financial institutions limit the amount of money you can borrow for a house to 36% of your gross earnings after debt is subtracted. Debt includes what you owe on credit cards and car payment. Write a complete C++ program to prompt the user and input gross earnings, amount of credit card debt, and amount of car payment. Compute net earnings (earnings – credit card debt - car payment) and the maximum allowed for a mortgage (.36 * net earnings). Use a preprocessor defined directive to set the percentage 36%. Format all numbers to have 2 decimal places to the right of the decimal point. Sample run shown in box below. Input earnings: 5400.95 Input credit card debt: 200.45 Input car payment: 250.50 Net earnings: 4950.00 Maximum mortgage: 1782.00 Press any key to continue . . .

C++ Programming: From Problem Analysis to Program Design
8th Edition
ISBN:9781337102087
Author:D. S. Malik
Publisher:D. S. Malik
Chapter2: Basic Elements Of C++
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Most financial institutions limit the amount of money you can borrow for a house to 36% of your
gross earnings after debt is subtracted. Debt includes what you owe on credit cards and car
payment.
Write a complete C++ program to prompt the user and input gross earnings, amount of credit card
debt, and amount of car payment. Compute net earnings (earnings - credit card debt – car payment)
and the maximum allowed for a mortgage (.36 * net earnings). Use a preprocessor defined directive
to set the percentage 36%. Format all numbers to have 2 decimal places to the right of the decimal
point. Sample run shown in box below.
Input earnings: 5400.95
Input credit card debt: 200.45
Input car payment: 250.50
Net earnings: 4950.00
Maximum mortgage: 1782.00
Press any key to continue ...
Transcribed Image Text:Most financial institutions limit the amount of money you can borrow for a house to 36% of your gross earnings after debt is subtracted. Debt includes what you owe on credit cards and car payment. Write a complete C++ program to prompt the user and input gross earnings, amount of credit card debt, and amount of car payment. Compute net earnings (earnings - credit card debt – car payment) and the maximum allowed for a mortgage (.36 * net earnings). Use a preprocessor defined directive to set the percentage 36%. Format all numbers to have 2 decimal places to the right of the decimal point. Sample run shown in box below. Input earnings: 5400.95 Input credit card debt: 200.45 Input car payment: 250.50 Net earnings: 4950.00 Maximum mortgage: 1782.00 Press any key to continue ...
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