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You have just purchased a stereo system that cost $1,000 on the following credit plan: no down payment, an interest rate of 18% per year (and hence 1.5% per month), and monthly payments of $50. The monthly payment of $50 is used to pay the interest and whatever is left is used to pay part of the remaining debt. Hence, the first month you pay 1.5% of $1,000 in interest. That is $15 in interest. So, the remaining $35 is deducted from your debt, which leaves you with a debt of $965.00. The next month you pay interest of 1.5% of $965.00, which is $14.48. Hence, you can deduct $35.52 (which is $50 – $14.48) from the amount you owe. Write a
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- We have n glasses which can hold a varying amount of liquid. We will say that glass1 is size q1 quarts and glass2 is size q2 quarts, etc. We now give you a size, say x quarts. You must give me a glass of exactly x quarts. You are allowed to fill any glass to exactly its size and to pour any liquid from one glass into another. When you pour, you either have to empty the glass you are pouring from or fill the glass you are pouring into. Can you do it?More concrete example: G1 has size 10 quarts. G2 has size 4 quarts. G3 has size 1 quart. You can get a 5 quart drink by filling G1, pouring 4 quarts from it into G2 and 1 quart of it into G1. After that, G1 has exactly 5 quarts. In the same problem, we could get 8 quarts by filling G2 twice and emptying it into G1 twice. Given This: Write an algorithm to do this and determine its complexity.arrow_forwardYou are working for a lumber company, and your employer would like a program that calculatesthe cost of lumber for an order. The company sells pine, fir, cedar, maple, and oak lumber.Lumber is priced by board feet. One board foot equals one square foot that is one inch thick. Theprice per board foot is given in the following table: (image 1) The lumber is sold in different dimensions (specified in inches of width and height, and feet oflength) that need to be converted to board feet. For example, a 2 x 4 x 8 piece is 2 inches wide, 4inches high, and 8 feet long, and is equivalent to 5.333 board feet (2 * 4 * 8 = 64, which whendivided by 12 = 5.333 board feet). An entry from the user will be in the form of a letter and fourinteger numbers. The integers are the number of pieces, width, height, and length. The letter willbe one of P, F, C, M, O (corresponding to the five kinds of wood) or T, meaning total. When theletter is T, there are no integers following it on the line. The program…arrow_forwardSuppose you are a computer salesman and your income depend on the total sales and commissions earned for the computers that you sell. Commission rates vary depending on how many units you sold (see chart below). Your income equals to the total sales plus the commission where the commission equals to total sales times the commission rate. That is, commission = total sales * commission rate and income = total sales + commission. Total Sales Commission rate % Less than 200 sold 8% (totalsales < 200) Greater or equal to 200 sold 10% (totalsales >=200 & totalsales <400) Greater than to 400 sold 12% (if (totalsales >= 400) Use Multiway if, else if (use as many you need) and else correctly Review slides 3-CH-2 Slide 4 and 8 Write the code correctly as show in the chapter slides. Pay attention to the commission chart above: (3) input as examples shown 500, 250, 150 You can work with your team and submit your code and output in PDF. 1. Provide the user the commission rate list…arrow_forward
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- The interest paid on a savings account is compounded daily. This means that if you start with startbal dollars in the bank, at the end of the first day you’ll have a balance ofstartbal * (1 + rate/365)dollars, where rate is the annual interest rate (0.10 if the annual rate is 10 percent). At the end of the second day, you’ll havestartbal * (1 + rate/365) * (1 + rate/365)dollars, and at the end of n days you’ll havestartbal * (1 + rate/365)ndollars. Write a program that processes a set of data records, each of which contains values for rate, startbal, and n and computes the final account balance.arrow_forwardSuppose you deposit a certain amount of money into a savings account that earns compound monthly interest, and you want to calculate you will have after a specific amount number of months. The formula is: F = P * (1 + i)tWhere the terms in the formula are as follows: F is the future value of the account after the specified amount of time. P is the present value, or the amount that you want deposit. i is the monthly interest rate. t is the number of months that you plan to let the money sit in the account. JavaScript programs pleasearrow_forwardYou have started working at a water plant and have been asked to develop a program which, can calculate the total water consumption bill. Your C++ program will input the number of gallons fromthe user and will calculate the total bill according to the following conditions:1. The first 100 gallons for $0.45/gallon2. The next 250 gallons for $0.85/gallon3. The next 250 gallons for $1.45/gallonFor additional gallons above 600 $2.60/gallonAn additional service charge of 14% is also added to the bill.Your answer should be correct to 2 decimal places.arrow_forward
- Write a computer program for calculating carburization heat treatments. The program should ask the user to provide an input for the carbon concentration at the surface (cs), and the concentration of carbon in the bulk (c0).arrow_forwardWhen you borrow money to buy a house, a car, or for some other purposes, then you typically repay it by making periodic payments. Suppose that the loan amount is L, r is the interest rate per year, m is the number of payments in a year, and the loan is for t years. Suppose that i = (r / m) and r is in decimal. Then the periodic payment is: You can also calculate the unpaid loan balance after making certain payments. For example, the unpaid balance after making k payments is: where R is the periodic payment. (Note that if the payments are monthly, then m = 12.) Instructions Write a program that prompts the user to input the values of L, r, m, t, and k. The program then outputs the appropriate values. Your program must contain at least two functions, with appropriate parameters, to calculate the periodic payments and the unpaid balance after certain payments. Make the program menu driven and use a loop so that the user can repeat the program for different values. Example of…arrow_forwardI have to display the number of available burgers and customers waiting in my program. If the producer cooks a burger, it adds up to the available burgers and whenever a customer buys a burger, the number of the available burgers is reduced. And when there are 0 burgers available left and a customer buys a burger, it is added up to the customer waiting. Then if the producer cooks a burger, the available burgers will remain the same but the customer waiting is decreased. The code is given below and I am stuck at display the correct output. What should be done?arrow_forward
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