Question: Description Submit your Lab2.cpp source file and Lab2.txt pseudocode file (no spaces or other characters - 30 points will be deducted if you ignore this
Description Submit your Lab2.cpp source file and Lab2.txt pseudocode file (no spaces or other characters - 30 points will be deducted if you ignore this directive) to this assignment. There is $580 in a bank account on deposit. The interest rate is 2.5 percent annually. Write a program to compute and print (a) the interest payment at the end of one year and (b) the new bank balance. The interest payment is equal to the deposit multiplied by the interest rate, the new bank balance is equal to the interest payment plus the bank balance at the beginning of the year. Interest of 2.5% should use the multiplier .025 This lab uses techniques learned in chapters 1 and 2
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