Write a C++ program that calculates and displays the yearly amount available if RM1000 is invested in a bank account for 10 years. Your program should display the amounts available for interest rates from 6 to 12%, inclusive, in 1% increments. Use a nested loop, with outer loop having a fixed count of 7 and the inner loop a fixed count of 10. The 1st iteration of the outer loop should use an interest rate of 6% and display the amount money available at the end of the 1st 10 years. In each subsequent pass through the outer loop, the interst rate should be increased by 1%. Use relationship that the money available at the end of each year equals the amount of money in the account at the start of the year plus the interest rate times the amount available at the start of the year.
princess128 0 Newbie Poster
WaltP 2,905 Posting Sage w/ dash of thyme Team Colleague
Ok, done. Now what?
NathanOliver 429 Veteran Poster Featured Poster
np complete 8 Newbie Poster
Daniweb is not a homework solution forum.
WaltP commented: Was this really necessary? Is this something the previous replies didn't say? -3
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