Concept explainers
Monthly Payments
The monthly payment on a loan may be calculated by the following formula.
Rate is the monthly interest rate, which is the annual interest rate divided by 12. (12 percent annual interest would be 1 percent monthly interest.) N is the number of payments, and L is the amount of the loan. Write a
Loan Amount: | $10000.00 |
Monthly Interest Rate: | 1% |
Number of Payments: | 36 |
Monthly Payment: | $332.14 |
Amount Paid Back: | $11957.15 |
Interest Paid: | $1957.15 |
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Chapter 3 Solutions
Starting Out with C++ from Control Structures to Objects, Student Value Edition (9th Edition)
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Java: An Introduction to Problem Solving and Programming (8th Edition)
C++ How to Program (10th Edition)
Starting Out With Visual Basic (8th Edition)
Starting Out with Python (3rd Edition)
Java: An Introduction to Problem Solving and Programming (7th Edition)
- (Statistics) This is the formula for the standard normal deviate, z, used in statistical applications: z=(X)/ X is a single value. refers to an average value. refers to a standard deviation. Using this formula, you need to write a program that calculates and displays the value of the standard normal deviate when X=85.3,=80,and=4. a. For this programming problem, how many outputs are required? b. How many inputs does this problem have? c. Determine a formula for converting input items into output items. d. Test the formula written for Exercise 7c, using the data given in the problem.arrow_forward(Financial application: calculate future investment value) Write a program**(PYTHON)** that reads in an investment amount, the annual interest rate, and the number of years, and displays the future investment value using the following formula: futureInvestmentValue = investmentAmount * (1 + monthlyInterestRate)^numberOfMonths For example, if you enter the amount 1000, an annual interest rate of 4.25%, and the number of years as 1, the future investment value is 1043.33. Here is a sample run: Enter investment amount: 1000 Enter annual interest rate: 4.25 Enter number of years: 1 Accumulated value is 1043.33arrow_forwardSalary Calculator Create a program that computes the salary based on an employee's hourly wage and hours worked. Note that employees may work for fractions of an hour, e.g. 1 and a half hours (1.5 hours). Use the following formulas: Less than or equal to 40 hours worked hourly wage * hours worked Over 40, but less than or equal to 65 hours worked (hourly wage * 40) + (hours worked - 40) * (hourly wage * 1.5) Over 65 hours worked (hourly wage * 40) + (hourly wage * 1.5) * 25 + (hours worked - 65) * hourly wage * 2 Also make sure that the hourly wage and hours worked are positive. Otherwise, display the error message: "Invalid input". Please see the sample outputs below to guide the design of your program. main.cc file #include <iomanip> #include <iostream> int main() { // TODO: accept user input to store the hourly wage and hours worked. // Then, include the header file at the top of this file so you can // call your function that computes a…arrow_forward
- Assuming there are no deposits other than the original investment, the balance in a saving account after one year may be calculated as Amount=Principal * (1+ Rate / T)T principal -balance in the saving account, Rate -the interest rate, T - number of times the interest is compounded during a year. Write a program that asks for : the principal, the interest rate, and the number of times the interest is compounded. It should display a report similar to Interest Rate: 4.25% Times Compounded: 12 Principal: $ 1000.00 Interest: $ 43.34 Amount in Savings: $ 1043.34arrow_forwardThe great circle distance is the distance betweentwo points on the surface of a sphere. Let (x1, y1) and (x2, y2) be the geographicallatitude and longitude of two points. The great circle distance between the twopoints can be computed using the following formula:d = radius X arccos(sin (x1) X sin(x2) + cos(x1) X cos(x2) X cos(y1 - y2))Write a program that prompts the user to enter the latitude and longitude of twopoints on the earth in degrees and displays its great circle distance. The averageradius of the earth is 6,371.01 km. Note you need to convert the degrees into radiansusing the Math.toRadians method since the Java trigonometric methods useradians. The latitude and longitude degrees in the formula are for north and west.Use negative to indicate south and east degrees. Here is a sample run: Enter point 1 (latitude and longitude) in degrees: 39.55 −116.25 ↵EnterEnter point 2 (latitude and longitude) in degrees: 41.5 87.37 ↵EnterThe distance between the two points is…arrow_forwardCoin Converter Lab Description Write a program that asks the user to enter an amount of money in the format of dollars and remaining cents. The program should calculate and print the minimum number of coins (quarters, dimes, nickels and pennies) that are equivalent to the given amount.Hint: In order to find the minimum number of coins, first find the maximum number of quarters that fit in the given amount of money, then find the maximum number of dimes that fit in the remaining amount, and so on. File Name coins.py Score There are five tests each worth 2 points For example, an execution should look like this:Please enter the amount of money to convert:# of dollars: 2# of cents: 37The coins are 9 quarters, 1 dimes, 0 nickels and 2 pennies python labsarrow_forward
- Guess The Number Game: write a program that will ask the user to guess a secret numberrandomly generated by your program between 1-10. Player have 3 trials to guess the number.After each trial, you have to inform the user, either he/she has guessed it correctly or not, andthe remaining trials to guess the number. In each trial your program should generate a newrandom number. If user guess at least twice correctly, then shows the message, “you won by 2-1” and vice versa for losing.When game is over, ask the user to play again: If the user types "yes", the game start again.else stop the game.arrow_forwardThe monthly payment for a givenloan pays the principal and the interest. The monthly interest is computed by multiplyingthe monthly interest rate and the balance (the remaining principal). The principalpaid for the month is therefore the monthly payment minus the monthly interest.Write a program that lets the user enter the loan amount, number of years, and interestrate then displays the amortization schedule for the loan. Here is a sample run: Loan Amount: 10000 ↵EnterNumber of Years: 1 ↵EnterAnnual Interest Rate: 7 ↵EnterMonthly Payment: 865.26Total Payment: 10383.21Payment# Interest Principal Balance1 58.33 806.93 9193.072 53.62 811.64 8381.43...11 10.00 855.26 860.2712 5.01 860.25 0.01arrow_forwardCelsius to Fahrenheit: Write a program that converts Celsius temperatures to Fahrenheit temperatures. The formula or algebraic equation is F = ?? / ?? * C + 32, where F is the Fahrenheit temperature, and C is the Celsius temperature. Input: temperature in Celsius Output: as shown below Topic: arithmetic expressions, cin, cout, integer division Note: Please notice that the input is an integer but the output contains decimal numbers with one decimal place.arrow_forward
- (Area and perimeter of a circle) Write a program that displays the area and perimeterof a circle that has a radius of 6.5 using the following formula:π = 3.14159perimeter = 2 x radius x πarea = radius x radius x πarrow_forwardThe company « Super discounted used cars inc.» pays their employees according to this chart: 250$ per months plus 50$ per car sold. If the salesman sells more than 10 cars, the employee receives a bonus of 5% of the total of his sales, in addition to his regular salary. Each month, the owner sits in front of the computer, and enters the following information: The name of the employee, the number of cars sold, as well as the total of all the sales for the month. Write an algorithm that will calculate the salary of an employee for the month, and then display on the screen, his name, total cars sold, base salary, bonus if applicable and entire salary.arrow_forwardTime CalculatorWrite a program that asks the user to enter a number of seconds.-There are 60 seconds in a minute. If the number of seconds entered by the user is greater than or equal to 60, the program should display the number of minutes and leftover seconds in that many seconds.-There are 3,600 seconds in an hour. If the number of seconds entered by the user is greater than or equal to 3,600, the program should display the number of hours, minutes, and leftover seconds in that many seconds.-There are 86,400 seconds in a day. If the number of seconds entered by the user is greater than or equal to 86,400, the program should display the number of days, hours, minutes, and leftover seconds in that many seconds.arrow_forward
- C++ for Engineers and ScientistsComputer ScienceISBN:9781133187844Author:Bronson, Gary J.Publisher:Course Technology PtrC++ Programming: From Problem Analysis to Program...Computer ScienceISBN:9781337102087Author:D. S. MalikPublisher:Cengage Learning