#include #include using namespace std; int main() { //Program's declared variables int T; double Principal, Rate, Interest, Amount; //Program Introduction To User cout << "This program is designed to calculate the final balance in your savings account!" << endl; cout << "Do you wish to continue?" << endl; system("pause"); //Program's Request For User Input cout << "What is the balance in your account (Principal ($))?" << endl; cin >> Principal; cout << "What is your annual interest rate(%)?" << endl; cin >> Rate; cout << "How many times does your interest compound in a year($)?" << endl; cin >> T; //Program's Calculation and Final Output/Report Amount = Principal * pow(1 + Rate / (T * 100), T); Interest = Amount - Principal; cout << endl; cout << "Below is a standard report showing your interest rate, number of times interest compounded, " << endl; cout << "balance in account(principal), interest, and final balance" << endl; cout << endl; cout << "Interest Rate: " << Rate << "%" << endl; cout << "Times Compounded: " << T << endl; cout << "Principal: " << "$ " << fixed << showpoint << setprecision(2) << Principal << endl; cout << "Interest: " << "$ " << fixed << showpoint << setprecision(2) << Interest << endl; cout << "Final Balance: " << "$ " << fixed << showpoint << setprecision(2) << Amount << endl; system("pause"); return 0; }

Program to calculate interest earned