Question

(Financial application: computing future tuition) Suppose that the tuition for a university is $10,000 this year and increase 5% every year. Write a program that computes the tuition in ten years and the total cost of four years' worth of tuition starting ten years from now.

Answer 1

#include <iostream>
#include <conio.h>
#include
<math.h>

using namespace std;

int main ()
{
double
tuition = (10000);
int year = 1;

for (int i = 1; i <= 10;
i++)
{
tuition = ((tuition * .05) + tuition);

}
cout <<
"Tuition after 10 years is: " << tuition <<
endl;
getch();
return 0;
}