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  1. #include <iostream>
  2. #include <iomanip>
  3. #include <cmath>
  4. using namespace std;
  5.  
  6. int main() {
  7. 	double principal, annualRate, interest, amount;
  8. 	int timesCompounded;
  9.  
  10. 	//INPUT
  11. 	cout << "Enter the Principal amount: $1000\n";
  12. 	cin >> principal;
  13.  
  14. 	cout << "Enter the annual interest rate: 4.25\n";
  15. 	cin >> annualRate;
  16.  
  17. 	cout << "Enter the number of times interest is compounded per year: 12\n";
  18.  
  19. 	//PROCESSING THE INPUT on the annualRate
  20. 	double rateDecimal = annualRate / 100.0; 
  21.  
  22. 	//PROCCESSING THE INPUT using the compund interest formula
  23. 	amount = principal * pow(1 + rateDecimal / timesCompounded, 
  24. 	timesCompounded);
  25.  
  26. 	//PROCESS FINAL Results on interests earned 
  27. 	interest = amount - principal;
  28.  
  29. 	//OUTPUT - Displaying report
  30. 	cout << fixed << setprecision(2);
  31. 	cout << "\n---Savings Account Report ---\n";
  32. 	cout << "Interest Rate: 4.25 " << annualRate << "%" << endl;
  33. 	cout << "Times Compounded: 12" << timesCompounded << endl;
  34. 	cout << "Principal: $1000.00" << principal << endl;
  35. 	cout << "Interest: $43.34" << interest << endl;
  36. 	cout << "Amount in Savings : $1043.34" << amount << endl;
  37.  
  38. 	return 0;
  39. }
  40.  
Success #stdin #stdout 0s 5312KB
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stdin
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Standard input is empty
stdout
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Enter the Principal amount: $1000
Enter the annual interest rate: 4.25
Enter the number of times interest is compounded per year: 12

---Savings Account Report ---
Interest Rate: 4.25 0.00%
Times Compounded: 120
Principal: $1000.000.00
Interest: $43.340.00
Amount in Savings : $1043.340.00
https://ideone.com/D0bHsh
language:
C++ (gcc 8.3)
created:
5 hours ago
visibility:
public

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