1.Write a C Program, algorithm and flow chart for the below problem. A bank wants a...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
1.Write a C Program, algorithm and flow chart for the below problem. A bank wants a program that determines the yearly interest earned on a guaranteed investment certificate (GIC), given a number of years. If the investment is for five years, the interest is 8.2% per year; if it is for one year, the interest is 5%. Print on the screen "Invalid data. Please try again later.", if the user enters any value other than 1 or 5 for the number of years of investment. Write a complete C program to determine the amount of interest earned per year. Figure 1 shows three samples input/output of the program. Hint: Interest amount percentage Enter amount of investment: 2000 Enter years of investment [1 or 5]: 5 The bank will pay you $164.00 interest per year. Enter amount of investment: 2000 Enter years of investment [ 1 or 5]: 1 The bank will pay you $ 104.00 interest per year. Focus 1.Write a C Program, algorithm and flow chart for the below problem. A bank wants a program that determines the yearly interest earned on a guaranteed investment certificate (GIC), given a number of years. If the investment is for five years, the interest is 8.2% per year; if it is for one year, the interest is 5%. Print on the screen "Invalid data. Please try again later.", if the user enters any value other than 1 or 5 for the number of years of investment. Write a complete C program to determine the amount of interest earned per year. Figure 1 shows three samples input/output of the program. Hint: Interest amount percentage Enter amount of investment: 2000 Enter years of investment [1 or 5]: 5 The bank will pay you $164.00 interest per year. Enter amount of investment: 2000 Enter years of investment [ 1 or 5]: 1 The bank will pay you $ 104.00 interest per year. Focus
Expert Answer:
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
Students also viewed these programming questions
-
dentify the sampling method (simple random sampling, systematic sampling, convenience sampling, cluster sampling, or stratified sampling) in the following study. Student ID numbers are randomly...
-
A coordinator will select 8 songs from a list of 9 songs to compose an event's musical entertainment lineup. How many different lineups are possible? Answer How to enter your answer (opens in new...
-
This assignment requires you to complete the 2022 tax reporting for a fictional woman named Anna Smith. Question 1 T1 - step 4 - line 66 This is Anna's taxable income Answer: Question 2 T1 - step...
-
Assume that global lightning on the Earth constitutes a constant current of 1.00 kA between the ground and an atmospheric layer at potential 260 kV. (a) Find the power of terrestrial lightning. (b)...
-
Find the volume of the parallelepiped with one vertex at the origin and adjacent vertices at (1, 0, -2), (1, 2, 4), and (7, 1, 0)?
-
One of the major measures of the quality of service provided by an organization is the speed with which the organization responds to customer complaints. A large family-held department store selling...
-
Name two performance measures useful in evaluating investment centers.
-
Hayes Industries purchased the following assets and constructed a building as well. All this was done during the current year. Assets 1 and 2: These assets were purchased as a lump sum for $100,000...
-
Problem 13-01 A $1,000 bond has a coupon of 8 percent and matures after ten years. Assume that the bond pays interest annually. a. What would be the bond's price if comparable debt yields 9 percent?...
-
1) Critically discuss any one information gathering technique used for capturing the requirements based on the process model for the proposed system. Support your discussion with supporting (5+5=10...
-
The following transactions are for Sandhill Company, 1 On December 3, Sandhill Company sold 5647,000 of merchandise to Monty Co., on account, terms 2/10, n/30, FOB destination. Sandhill pald $400 for...
-
Can you please assist with the creation of a SOA for financial advice. The following are questions i need to give for the Case study. CAn you include diagrams please? 1. Superannuation...
-
Over the winter months, Cullumber Co. pre-sells fertilizing and weed control lawn services to be performed from May through September, inclusive. If payment is made in full by April 1, a 5% discount...
-
Solve and please show all steps 1 4 ^ x + 1 5 ( 1 4 ) ^ - x = 8
-
How would you implement your public health campaign on teenage vaping . you may explain two potential barriers that might impact the implementation process and one way you might address one barrier....
-
If the resultant force between the two forces acting on the hook is 12.5 kN, determine the angle between the resultant and the vertical. Take F as 9.7 kN and F2 as 5.6 kN. F F
-
Which of the following is NOT a magnetic dipole when viewed from far away? a) A permanent bar magnet. b) Several circular loops of wire closely stacked together with the same current running in each...
-
Sally and Charles Heck received the following dividends and interest during 2012: Assuming the Hecks file a joint tax return, complete Schedule B of Form 1040 (on page 2-33) for them for the 2012 tax...
-
Janie graduates from high school in 2012 and enrolls in college in the fall. Her parents pay $4,000 for her tuition and fees. a. Assuming Janie's parents have AGI of $170,000, what is the American...
-
Steve Drake sells a rental house on January 1, 2012, and receives $130,000 cash and a note for $55,000 at 10 percent interest. The purchaser also assumes the mortgage on the property of $45,000....
-
Modify the spread sheet to handle development costs.
-
What is a What if analysis?
-
You developed an overhead budget for a construction company. Historically, the companys construction costs are 89% of revenues. What volume of work does the construction company need to achieve in...
Study smarter with the SolutionInn App