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deposit

 
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deposit, interest compound
inneed
11 Dec, 2007 - 05:09 AM
Post #1

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#include <iostream.h>

int main()
{
int Years=0;
double Worth=0;
double Interest=0;
cout << "--Calculate the number of years for $2500 to compound to $5000--\n";
while (Worth < 5000) {
Years++;
Interest=1;
for (Counter=1; Counter<Years; Counter++)
{
Interest=(1.075*Interest);
}
Worth = 2500*(Interest);
}
cout << "It will take " << Years << " years to compound to $5000.";
return(0);
}

for some reason it's wrong...
the directions say:
Your deposit $2500.00 in a new super certificate of deposit (CD) at your bank. write a ptogram to calculate how many years it will take for your CD yo be worth 5000.00 or more, if it pays 7.5% interest compounded annually.
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Amadeus
RE: Deposit
11 Dec, 2007 - 05:17 AM
Post #2

g++ -o drink whiskey.cpp
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Can you specify by what you mean by wrong? Are you getting compiler errors? Unexpected results?
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inneed
RE: Deposit
11 Dec, 2007 - 01:08 PM
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QUOTE(Amadeus @ 11 Dec, 2007 - 06:17 AM) *

Can you specify by what you mean by wrong? Are you getting compiler errors? Unexpected results?



never mind i got it1!!!!! thanks anyways.
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