# Answer to Question #42135 in C++ for meme

Question #42135
Write a program to calculate Simple Interrest (SI) Maturity Value (MV): Formula1: Simple Interest (SI) = Principal (P) x Rate (R) x Time (T) Formula 2: Maturity Value (MV) = Principal (P) + Interest (I). Example: Jan Carley borrowed \$30,000 for office furniture. The loan was for 6 months at an annual interest rate of 8%. What are Jan&rsquo;s interest and maturity value? Solution: SI = \$30,000 x.08 x 6/12 = \$1,200 MV = \$30,000 + \$1,200 = \$31,200
``/*Write a program to calculate Simple Interrest (SI) Maturity Value (MV):Formula1: Simple Interest (SI) = Principal (P) x Rate (R) x Time (T)Formula 2: Maturity Value (MV) = Principal (P) + Interest (I).Example:Jan Carley borrowed \$30,000 for office furniture. The loan was for 6 months at an annual interest rate of 8%. What are Jan’s interest and maturity value?Solution:SI = \$30,000 x.08 x 6/12 = \$1,200MV = \$30,000 + \$1,200 = \$31,200*/#include <iostream>#include <conio.h>using namespace std;int main(){    double borrowed;    cout<<"Borrowed: \$";    cin>>borrowed;    int period;    cout<<"Period (months): ";    cin>>period;    double rate;    cout<<"Annual interest rate (%): ";    cin>>rate;    double SI, MV;    SI = borrowed * (rate/100) * ((double)period/12);    cout<<"SI = \$"<<SI<<endl;    MV = borrowed + SI;    cout<<"MV = \$"<<MV<<endl;    getch();    return 0; }``

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22.05.14, 16:38

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11.05.14, 14:19

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