Question: I know this has something to do with loops but I cannot figure it out I have to make it more efficient. here is the

I know this has something to do with loops but I cannot figure it out I have to make it more efficient.

here is the problem:

// The QuickCopy company currently makes 60,000 copies per year

// at 15 cents each.

// They expect to increase the number of copies produced

// by 4 percent per year each year for the next 10 years,

// starting with this year.

// They also expect the price of each copy to increase

// by 3 cents per year, starting with this year.

// This program displays the company's expected

// income for each of the next 10 years.

// Modify it to be more efficient.

start

Declarations

num year = 1

num copies = 60000

num price = 0.15

num total = 0

num COPIES_INCREASE = 0.04

num PRICE_INCREASE = 0.03

copies = copies + copies * COPIES_INCREASE

price = price + price * PRICE_INCREASE

total = total + copies * price

output year, total

year = year + 1

copies = copies + copies * COPIES_INCREASE

price = price + price * PRICE_INCREASE

total = total + copies * price

output year, total

year = year + 1

copies = copies + copies * COPIES_INCREASE

price = price + price * PRICE_INCREASE

total = total + copies * price

output year, total

year = year + 1

copies = copies + copies * COPIES_INCREASE

price = price + price * PRICE_INCREASE

total = total + copies * price

output year, total

year = year + 1

copies = copies + copies * COPIES_INCREASE

price = price + price * PRICE_INCREASE

total = total + copies * price

output year, total

year = year + 1

copies = copies + copies * COPIES_INCREASE

price = price + price * PRICE_INCREASE

total = total + copies * price

output year, total

year = year + 1

copies = copies + copies * COPIES_INCREASE

price = price + price * PRICE_INCREASE

total = total + copies * price

output year, total

year = year + 1

copies = copies + copies * COPIES_INCREASE

price = price + price * PRICE_INCREASE

total = total + copies * price

output year, total

year = year + 1

copies = copies + copies * COPIES_INCREASE

price = price + price * PRICE_INCREASE

total = total + copies * price

output year, total

year = year + 1

copies = copies + copies * COPIES_INCREASE

price = price + price * PRICE_INCREASE

total = total + copies * price

output year, total

stop

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