Write a program that calculates how much money you’ll end up with if you invest an amount of money at a fixed interest rate, compounded yearly. Have the user furnish the initial amount, the number of years, and the yearly interest rate in percent. Some interaction with the program might look like this: Enter initial amount: 3000 Enter number of years: 10 Enter interest rate (percent per year): 5.5 At the end of 10 years, you will have 5124.43 dollars.
Write a program that calculates how much money you’ll end up with if you invest an amount of money at a fixed interest rate, compounded yearly. Have the user furnish the initial amount, the number of years, and the yearly interest rate in percent. Some interaction with the program might look like this: Enter initial amount: 3000 Enter number of years: 10 Enter interest rate (percent per year): 5.5 At the end of 10 years, you will have 5124.43 dollars.
Chapter2: Using Data
Section: Chapter Questions
Problem 13E: Write a program named MakeChange that calculates and displays the conversion of an entered number of...
Related questions
Question
Write a
Enter initial amount: 3000
Enter number of years: 10
Enter interest rate (percent per year): 5.5
At the end of 10 years, you will have 5124.43 dollars.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 1 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, computer-science and related others by exploring similar questions and additional content below.Recommended textbooks for you
Microsoft Visual C#
Computer Science
ISBN:
9781337102100
Author:
Joyce, Farrell.
Publisher:
Cengage Learning,
EBK JAVA PROGRAMMING
Computer Science
ISBN:
9781337671385
Author:
FARRELL
Publisher:
CENGAGE LEARNING - CONSIGNMENT
Microsoft Visual C#
Computer Science
ISBN:
9781337102100
Author:
Joyce, Farrell.
Publisher:
Cengage Learning,
EBK JAVA PROGRAMMING
Computer Science
ISBN:
9781337671385
Author:
FARRELL
Publisher:
CENGAGE LEARNING - CONSIGNMENT