Question: 2. Next to the above two lines, write a C++ program that will ask user to enter beginning balance and ending balance In financial management,


2. Next to the above two lines, write a C++ program that will ask user to enter "beginning balance" and "ending balance" In financial management, the "compound annual growth rate" (CAGR) is used by as well as the number of periods in years". Then, use the investors to determine the yearly growth rate CAGR equation as explained on the right to find the over several years on an investment. Below is "compound annual growth rate". the equation. 3. Use the "setprecision()" function along with the "fixed" keyword to round the value to the third digit next the decimal CAGR = -1 point. Then, use the "cout" function to display the rounded value with a percentage sign (%) as suffix. in which EV is the ending balance 4. Make sure the output looks similar to the following. The BV is the beginning balance value must have the precision up to the third digit next to the t is the number of periods in years decimal point For example, Megumi Sakamoto deposited Enter the beginning balance: 102500 $102,500 in a 401K investment account. At Enter ending balance: 147659 the end of year 5, she received a report stating Enter the number of periods in years: 5 that her balance increase to $147,659. What is Compound Annual Growth Rate: 0.0768 the "compound annual growth rate"? 5. Capture a screen shot similar to the following and paste it to the Word document named "ex06.docx" (or .doc). CAGR = 15.1 = 0.076% 1476591 102500
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
