Question: Need answer quickly , please Q2. Design an algorithm that calculates the current balance in a savings account. The input to the algorithm should be

Need answer quickly , please
Q2. Design an algorithm that calculates the current balance in a savings account. The input to the algorithm should be the following information Starting balance, Total amount of deposits made, Total amount of withdrawals made, and Monthly interest rate (R%). After the algorithen has calculated the cu should display the current balance on the screen. The deposits and withdrawals are to be done only once. The formula for calculating the current balance is on Current balance=(Starting balance +R% of Starting balance+ deposits)-withdrawal
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
