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  1. //Yasmine Cervantes                CS1A                  Ch. 5, P.296, # 16
  2. //
  3. /*******************************************************************************
  4. *
  5. * CALCULATING A SAVINGS ACCOUNT BALANCE
  6. *_______________________________________________________________________________
  7. * This program will calculate the balance of a savings account at the end of a 
  8. * certain period of time. It will use annual interest rates, the starting 
  9. * balance, and the total amount of months that have passed since the account was
  10. * established.
  11. * ______________________________________________________________________________
  12. * INPUT:
  13. * initialBalance    - 10,000
  14. * annualInterest    - 0.10
  15. * numberofMonths    - 36
  16. * monthlyDeposit    - 500 // user inputs
  17. * monthlyWithdrawal - 200 // user inputs
  18. * 
  19. * 
  20. * OUTPUT:
  21. * monthlyInterest       - annualInterest / 12
  22. * totalDeposits         - monthlyDeposit * numberofMonths
  23. * totalWithdrawn        - monthlyWithdrawn * numberofMonths
  24. * totalinterestEarned   - monthlyWithdrawn * numberofMonths
  25. * endingBalance         - (initialBalance - totalmonthlyWithdrawn + 
  26. * totalmonthlyDeposit) + totalinterestEarned
  27. * 
  28. *	
  29. *******************************************************************************/
  30. #include <iostream>
  31. using namespace std;
  32. int main() 
  33. {
  34.  
  35. //Declaring Variables
  36. double initialBalance = 10000;
  37. double annualInterest = 0.10;
  38. double numberofMonths = 36;
  39. double monthlyDeposit = 0;
  40. double monthlyWithdrawn = 0;
  41.  
  42.  
  43. //Input
  44. cout << "Please insert amount of cash deposit for the month" << endl;
  45. cin >> monthlyDeposit;
  46.  
  47. cout << "Please insert amount of cash withdrawn for the month" << endl;
  48. cin >> monthlyWithdrawn;
  49.  
  50.  
  51.  
  52. // Calculations & output
  53. double totalmonthlyDeposit = monthlyDeposit * numberofMonths;
  54. cout << "Your total amount of monthly deposits is: " << totalmonthlyDeposit 
  55. << endl;
  56.  
  57. double totalmonthlyWithdrawn = monthlyWithdrawn * numberofMonths;
  58. cout << "your total amount of monthly withdrawals is: " << totalmonthlyWithdrawn 
  59. << endl;
  60.  
  61. double monthlyInterest = annualInterest / 12;
  62. cout << "Your monthly interest is: " << monthlyInterest << endl;
  63.  
  64. double totalinterestEarned = monthlyInterest * initialBalance;
  65. cout << "Your total amount of interest earned is: " << totalinterestEarned 
  66. << endl;
  67.  
  68. double endingBalance = (initialBalance - totalmonthlyWithdrawn + totalmonthlyDeposit)
  69. + totalinterestEarned;
  70.  
  71. cout << "Your ending balance is: " << endingBalance << endl;
  72.  
  73.  
  74. return 0;
  75.  
  76. }
  77.  
  78.  
Success #stdin #stdout 0.01s 5436KB
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stdin
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stdout
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Please insert amount of cash deposit for the month
Please insert amount of cash withdrawn for the month
Your total amount of monthly deposits is: 18000
your total amount of monthly withdrawals is: 7200
Your monthly interest is: 0.00833333
Your total amount of interest earned is: 83.3333
Your ending balance is: 20883.3
https://ideone.com/VDZdQb
practice practicum
language:
C++ (gcc 8.3)
created:
1 year ago
visibility:
public

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