//Nathan Dominguez CSC5 Chapter 5, P. 294, #5
//
/*******************************************************************************
*
* Display Projected Rates
* _____________________________________________________________________________
* This program will calculate and display the projected rates for the next 6
* years of a country club. The club currently charges $2,500 year and will
* increase by 4% each year.
* _____________________________________________________________________________
* INPUT
* memberFee : Yearly membership charge
* memberIncrease : Percent increase every year
* years : Number of years to be projected
*
* OUTPUT
* memberFee : Membership charge including percent increase
* Computation Based on Formula
* memberFee = memberFee + (memberFee * memberIncrease)
**************************************************************/
#include <iostream>
#include <iomanip>
using namespace std;
int main()
{
// Declare Variables
float memberFee; //Input - Yearly membership cost
float memberIncrease; // Percent increase due every year
int years; // number of years to be projected
//
// Initialize Program Variables
memberFee = 2500;
memberIncrease = .04;
years = 6;
//
// Begin loop for amount of years to be projected
for (int i = 1; i <= years; i++)
{
//
// Compute yearly Membership cost with increase
memberFee = memberFee + (memberFee * memberIncrease);
//
// Output Yearly membership cost with increase
cout << setprecision(2) << fixed;
cout << "Year " << i << " total fee: $" << memberFee << endl;
}
return 0;
}