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 will have a balance of StartBal * (1+ Rate/365) dollars, where Rate is the annual interest rate (0.10 if annual rate is 10 percent). At the end of the second day, you will have StartBal (1+Rate/365) * (1+Rate/365) dollars, and at the end of N days you will have StartBal (1+Rate/365)" [Note: (1+Rate/365) raise to NJ

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 will have a balance of StartBal * (1+ Rate/365) dollars, where Rate is the annual interest rate (0.10 if annual rate is 10 percent). At the end of the second day, you will have StartBal (1+Rate/365) * (1+Rate/365) dollars, and at the end of N days you will have StartBal (1+Rate/365)" [Note: (1+Rate/365) raise to NJ

C++ Programming: From Problem Analysis to Program Design

8th Edition

ISBN:9781337102087

Author:D. S. Malik

Publisher:D. S. Malik

Chapter8: Arrays And Strings

Section: Chapter Questions

Problem 10PE

See similar textbooks

Similar questions

Interest on a credit card’s unpaid balance is calculated using the average daily balance. Suppose that netBalance is the balance shown in the bill, payment is the payment made, d1 is the number of days in the billing cycle, and d2 is the number of days payment is made before billing cycle. Then, the average daily balance is: averageDailyBalance = (netBalance * d1 – payment * d2) / d1 If the interest rate per month is, say, 0.0152, then the interest on the unpaid balance is: interest = averageDailyBalance * 0.0152 Instructions Write a program that accepts as input netBalance, d1, payment, d2, and interest rate per month (interestRate). The program outputs the interest. Format your output to two decimal places. Input: 100 30 50 7 9.7 Output: 856.83 Test case 2: Input: 255.76 31 55 3 12.3 output: 3080.38
Interest on a credit card’s unpaid balance is calculated using the average daily balance. Suppose that netBalance is the balance shown in the bill, payment is the payment made, d1 is the number of days in the billing cycle, and d2 is the number of days payment is made before billing cycle. Then, the average daily balance is: averageDailyBalance = (netBalance * d1 – payment * d2) / d1 If the interest rate per month is, say, 0.0152, then the interest on the unpaid balance is: interest = averageDailyBalance * 0.0152 Write a program that accepts as input netBalance, d1, payment, d2, and interest rate per month (interestRate). The program outputs the interest. Format your output to two decimal places.
Interest on a credit card’s unpaid balance is calculated using the average daily balance. Suppose that netBalanceis the balance shown in the bill, paymentis the payment made, d1is the number of days in the billing cycle, and d2is the number of days payment is made before the billing cycle. Then the average daily balance is: averageDailyBalance = (netBalance * d1 –payment * d2) / d1 if the interest rate per month is say, 0.0152, then the interest on the unpaid balanceis: interest = averageDailyBalance * 0.0152 Design a program that accepts as input netBalance, payment, d1, d2, and interest rate per month. The program outputs the interest charged. Format your output to two decimal places. C++
Language C++ It has been observed by management that some faculty member at the university demonstrates a lackadaisical attitude toward teaching. They seldom go to class yet at the end of each month they receive full salary. Management has decided that GHs 200, 300, 400, and 500 will be deducted from a faculty’s salary if he/she offends once, twice, third time and forth time respectively in a month. This means that if a faculty member offends once in a month GHs 200 will be deducted, if a faculty member offends twice in a month, GHs 500 (i.e. 200+300) will be deducted, if a faculty member offends three times in a month GHs 900 (i.e. 200+300+400), will be deducted and if a faculty member offends four times in a month GHs 1,400 (i.e. 200+300+400+500). Assuming all faculty members are on a flat salary rate of GHs 2000. a. Write a program to request for the names of four faculty members and number times he/she has absented him/herself from class. One of them should have absented…
Programming Exercise C++ Summary During the tax season, every Friday, the J&J accounting firm provides assistance to people who prepare their own tax returns. Their charges are as follows: If a person has low income (<= 25,000) and the consulting time is less than or equal to 30 minutes, there are no charges; otherwise, the service charges are 40% of the regular hourly rate for the time over 30 minutes. For others, if the consulting time is less than or equal to 20 minutes, there are no service charges; otherwise, service charges are 70% of the regular hourly rate for the time over 20 minutes. (For example, suppose that a person has low income and spent 1 hour and 15 minutes, and the hourly rate is $70.00. Then the billing amount is 70.00 X.40 X (45/60) = $21.00.) Instructions Write a program that prompts the user to enter yearly income, the hourly rate, the total consulting time. The program should output the billing amount. Your program must contain a function that takes as…
C++ programming It has been observed by management that some faculty member at the university demonstrates a lackadaisical attitude toward work. They seldom go to class yet at the end of each month they receive full salary. Management has decided that GHs 200, 300, 400, and 500 will be deducted from a faculty’s salary if he/she offends once, twice, third time and forth time respectively in a month. This means that if a faculty member offends once in a month GHs 200 will be deducted, if a faculty member offends twice in a month, GHs 500 (i.e. 200+300) will be deducted, if a faculty member offends three times in a month GHs 900 (i.e.200+300+400), will be deducted and if a faculty member offends four times in a month GHs 1,400 (i.e. 200+300+400+500). Assuming all faculty members are on a flat salary rate of GHs 2500. a. Write a program to request for the names of four faculty members and number times he/she has absented him/herself from class. One of them should have absented him/herself…
An Auto Insurance Program Example - Write a program to determine the cost of an automobile insurance premium, based on driver's age and the number of accidents that the driver has had. The basic insurance charge is 500 Rs. There is a surcharge of 100 Rs if the driver is under 25 and there is an additional surcharge for accidents as can be seen below: No. of accidents Accident Surcharge 1 50 2 125 3 250 4 375 5 575 6 or more No insurance
Python Code Needed Problem: A company wants a program that will calculate the weekly paycheck for an employee based on how many hours they worked. For this company, an employee earns $20 an hour for the first 40 hours that they work. The employee earns overtime, $30 an hour, for each hour they work above 40 hours. Example: If an employee works 60 hours in a week, they would earn $20/hr for the first 40 hours. Then they would earn $30/hr for the 20 hours they worked overtime. Therefore, they earned: ($20/hr * 40hrs) + ($30/hr * 20 hrs) = $800 + $600 = $1400 total. For this assignment, you must create pseudocode and a flowchart to design a program that will calculate an employee’s weekly paycheck. Write pseudocode to design a programming solution by outlining a series of steps and using appropriate indentation and keywords. As you write your pseudocode, be sure to consider the following: What input does the computer need? What steps does the program need to follow to process the input?…
An Auto Insurance Program Example - Write a program to determine the cost of an automobile insurance premium, based on driver's age and the number of accidents that the driver has had. The basic insurance charge is 500 Rs. There is a surcharge of 100 Rs if the driver is under 25 and there is an additional surcharge for accidents as can be seen below: No. of accidents Accident Surcharge 1 50 2 125 3 250 4 375 5 575 6 or more No insurance Note: Use switch cases when you check the total number of accidents.
The quadratic formula is used to solve a very specific type of equation, called aquadratic equation. These equations are usually written in the following form:ax2 + bx + c = 0The Quadratic Formula x = ( -b ± √( b^2 - 4ac ) ) / ( 2a ) Where a, b, and c are constants with a ≠ 0. (If a = 0, the equation is a linear equation.)The discriminant is the part of the formula in the square root. If the value of the discriminant is zero then the equation has a single real root. If the value of thediscriminant is positive then the equation has two real roots. If the value of thediscriminant is negative, then the equation has two complex roots.Write a program that finds the roots of the quadratic equation using the Quadratic Formula. Write a function named discriminant in the file, Disc.py, to calculate and return the discriminant of the formula. Let the main function call the discriminant function and then calculate the solution(s) of the equation. Do not calculate the solutions in the discriminant…
i need solution very very quickly please #data structure in c++# #the question below# The cafeteria in a university decided to make Black Friday, each student can take at most 3items from the cafeteria, if the student has an average greater than or equal 90, he can take all his itemsfor free and if the average between 60 and 89 the student can take 1 item only as free from his items,otherwise the student should pay for the items. before the cafeteria opens the door there are many andmany students waiting at the door, the guard decide to order the students about their averages in a priorityqueue. So the heist average comes first in the queue.Notes:- The student object consists of ID, Name, average and number of buying items between (0,3) items- The number of the students should be created randomly and must be less than 100 students- The number of buying items and the student average are created randomly.- The cafeteria has random number of items less than 200- The price of each item in…
Pakistan online Daraz company has four agent (1 to 4) who sell 5 different products ( 1 to5). Once per day, each agent passes in a slip for each different type of product sold. Every agentpasses in between 0 to 5 slips each day. Each slip has the following information on it: The agent number The product number Total rupees of that product sold that day.Write a program in C++ that will read all this information for last month’s sales and brief thetotal sales by agent by product. The output should be in tabular form.