Question #27905

Write a c++ program to compute the simple interest on a given amount and time.i the time is 2 years or more calculate it with 3%rate of interest and 5% otherwise.

Expert's answer

#include <iostream> using namespace std;

const double LONG_RATE = 0.02;

const double SHORT_RATE = 0.05; int main () {

//initialamount of money

doubleini_amount;

intyears;

cout<< "Please input initial amount of money: ";

cin>> ini_amount;

cout<< "Please input number of years: ";

cin>> years;

cout<< "Simple interest will be: " <<

(years>= 2

?(1. + LONG_RATE*(double)years) * ini_amount

:(1. + SHORT_RATE*(double)years) * ini_amount )

<<endl;

return0;

}

const double LONG_RATE = 0.02;

const double SHORT_RATE = 0.05; int main () {

//initialamount of money

doubleini_amount;

intyears;

cout<< "Please input initial amount of money: ";

cin>> ini_amount;

cout<< "Please input number of years: ";

cin>> years;

cout<< "Simple interest will be: " <<

(years>= 2

?(1. + LONG_RATE*(double)years) * ini_amount

:(1. + SHORT_RATE*(double)years) * ini_amount )

<<endl;

return0;

}

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