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  1. // Saliha Babar                   CS1A                      Practice Practicum
  2. //
  3. /*****************************************************************************
  4.  * CALCULATE SAVINGS ACCOUNT BALANCE 
  5.  * ___________________________________________________________________________
  6.  * This program accepts annual rate, starting balance, and number of months 
  7.  * that has passed since the account was established as well as the amount of 
  8.  * deposited and withdrawed each month.
  9.  * This program then calculates the ending balance of an account.
  10.  *
  11.  * Formula related to this program
  12.  * Amount of Interest = balance * mothly interest rate
  13.  * Balance = deposited - withdrawn
  14.  * Ending Balance = Initial balance + balance
  15.  * ____________________________________________________________________________
  16.  * INPUT 
  17.  *    numOfMonths;       : number of months 
  18.  *    annualRate         : annual rate
  19.  *    monthlyRate;       : monthly rate
  20.  *    monthlyRateDecimal : monthly rate in decimal
  21.  *    initialBalance     : starting balance of an account
  22.  *    amtDeposited       : deposited amount of money each month
  23.  *    amtWithdrawn      : withdrawed amount of money each month
  24.  * 
  25.  * OUTPUT
  26.  *    balance            : balance of the account
  27.  *    totalDeposited;    : total deposited amount
  28.  *    totalWithdrawn;   : total withdrawed amount
  29.  *    interestPerMth;    : interest earned per month
  30.  *    totalInterest      : total intrest 
  31.  *    endingAmt;         : ending balance of the account
  32.  * 
  33.  
  34.  * 
  35.  * ***************************************************************************/
  36. #include <iostream>
  37. #include <iomanip>
  38. using namespace std;
  39.  
  40. int main() {
  41. 	int numOfMonths;          // INPUT - number of months 
  42. 	float annualRate;         // INPUT - annual rate
  43. 	float monthlyRate;        // INPUT - monthly rate
  44. 	float monthlyRateDecimal; // INPUT - monthly rate in decimal
  45. 	float initialBalance;     // INPUT - starting balance of an account
  46. 	float amtDeposited;       // INPUT - deposited amount of money each month
  47. 	float amtWithdrawn;       // INPUT - withdrawed amount of money each month
  48. 	float balance;            // OUTPUT - balance of the account
  49. 	float totalDeposited;     // OUTPUT - total deposited amount
  50. 	float totalWithdrawn;     // OUTPUT - total withdrawed amount
  51. 	float interestPerMth;     // OUTPUT - interest earned per month
  52. 	float totalInterest;      // OUTPUT - total Intrest
  53. 	float endingAmt;          // OUTPUT - ending balance of the account
  54.  
  55. 	cout << "Enter the annual rate. Eg: enter 10 if the rate is 10%.\n";
  56. 	cin >> annualRate;
  57. 	monthlyRate = annualRate / 12;
  58. 	monthlyRateDecimal = monthlyRate/ 100;
  59.  
  60. 	cout << "Enter the starting balance of the account\n";
  61. 	cin >> initialBalance;
  62.  
  63. 	cout << "Enter number of months passed since the account was established.\n";
  64. 	cin >> numOfMonths;
  65.  
  66.  
  67. 	// Set accumulators to 0
  68. 	balance = initialBalance;
  69. 	totalDeposited = 0;
  70. 	totalWithdrawn = 0;
  71. 	totalInterest = 0;
  72.  
  73.  
  74. 	for (int i = 1 ; i <= numOfMonths ; i ++)
  75. 	{
  76. 		cout << "Enter the amount deposited in the account for month : " << i << endl;
  77. 		cin >> amtDeposited;
  78.  
  79. 		while ( amtDeposited < 0 )
  80. 		{
  81. 			cout << "Only enter positive number\n";
  82. 			cin >> amtDeposited;
  83. 		}
  84. 		totalDeposited += amtDeposited;
  85.  
  86. 		cout << "Enter the amount withdrawed in the account for month : " << i << endl;
  87. 		cin >> amtWithdrawn;
  88.  
  89. 		while ( amtWithdrawn < 0 )
  90. 		{
  91. 			cout << "Only enter positive number\n";
  92. 			cin >> amtWithdrawn;
  93. 		}
  94. 		totalWithdrawn += amtWithdrawn;
  95.  
  96. 		balance += amtDeposited - amtWithdrawn;
  97. 		interestPerMth = monthlyRateDecimal * balance;
  98. 		totalInterest += interestPerMth;
  99.  
  100. 		balance += interestPerMth;
  101.  
  102. 		if (balance <= 0)
  103. 		{
  104. 			cout << "Balance is negative. The account has been closed.\n";
  105. 			i = numOfMonths + 1;
  106. 		}
  107. 	}
  108.  
  109. 	// Calculate monthly interest
  110.  
  111. 	cout << fixed << setprecision(2) << endl;
  112. 	cout << "Total amounts deposited is $" << totalDeposited << endl;
  113. 	cout << "Total amounts withdrawls is $" << totalWithdrawn << endl;
  114. 	cout << "Total interest earned is $" << totalInterest << endl;
  115. 	cout << "The ending balance is $" << balance << endl;
  116.  
  117. 	return 0;
  118. }
Success #stdin #stdout 0.01s 5280KB
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Standard input is empty
stdout
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Enter the annual rate. Eg: enter 10 if the rate is 10%.
Enter the starting balance of the account
Enter number of months passed since the account was established.

Total amounts deposited is $0.00
Total amounts withdrawls is $0.00
Total interest earned is $0.00
The ending balance is $0.00
https://ideone.com/dD7Rd1
Practice Practicum Correction.
language:
C++ (gcc 8.3)
created:
9 days ago
visibility:
public

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