Question: Write a psuedocode and Draw a flowchart that will calculate the future sum of a principal ( an amount of money ) for a given

Write a psuedocode and Draw a flowchart that will calculate the future sum of a
principal (an amount of money) for a given interest rate and the
number of interest periods. Allow the use to decide if simple or
compound interest is to be used and to compute as many future
sums as needed. Recall that for simple interest S=P(1+ni),
where S = future sum, P = principal amount, I = interest rate per
period [decimal], n=number of periods. For compound interest,
S=P(1+i)n

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Databases Questions!