Write a c++ program for a bank account that has initially $1000 in it and the owner earns interest every year at the rate of 4% of the original value. Calculate the total money in the account with interest until next 10 years with the increase of 4% every year. Note: Use for loop for every year increment. Also display the incremented amount in account for every year   Use while or for loop.

C++ for Engineers and Scientists
4th Edition
ISBN:9781133187844
Author:Bronson, Gary J.
Publisher:Bronson, Gary J.
Chapter5: Repetition Statements
Section5.5: A Closer Look: Loop Programming Techniques
Problem 2E: (cin within a loop) Write and run a C++ program that accepts 10 values of gallons, one at a time,...
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Write a c++ program for a bank account that has initially $1000 in it and the owner earns
interest every year at the rate of 4% of the original value. Calculate the total money in
the account with interest until next 10 years with the increase of 4% every year. Note:
Use for loop for every year increment. Also display the incremented amount in
account for every year

 

Use while or for loop.

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