Concept explainers
Savings Account Balance
Write a
A) Ask the user for the amount deposited into the account during the month. (Do not accept negative numbers.) This amount should be added to the balance.
B) Ask the user for the amount withdrawn from the account during the month. (Do not accept negative numbers.) This amount should be subtracted from the balance.
C) Calculate the monthly interest. The monthly interest rate is the annual interest rate divided by 12. Multiply the monthly interest rate by the balance, and add the result to the balance.
After the last iteration, the program should display the ending balance, the total amount of deposits, the total amount of withdrawals, and the total interest earned.
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