Last active
December 3, 2021 08:04
-
-
Save ashwynh21/b594ad0fd016b96a78574d0751f77676 to your computer and use it in GitHub Desktop.
A simple program to compute compound interest using loops and printing the result on CLI.
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
// in this program we are going to be calculating compound interest using a looping | |
// algorithm. | |
// | |
// firstly, we discuss the solution that we have in mind. since we are required to | |
// compute this without a formula but using loops we are going to define a function | |
// that will represent the function call. | |
// | |
// let us start by getting the resources we are going to need | |
#include <iostream> | |
// then we start defining our function here | |
double compoundInterest(int invest, double years, double annualRate) { | |
double interest = 1; | |
for (; years > 0; years--) { | |
interest *= (1 + annualRate); | |
} | |
return invest * interest; | |
} | |
// we define an assertion function that will assert that a number n is real and between | |
// 0 and 100 | |
void assertReal(int n) { | |
if (n < 0 || n > 100) { | |
throw ("Value is Not a Real Number"); | |
} | |
} | |
// okay, now with the function defined all we are going to need to do is apply it. | |
int main() | |
{ | |
// let us consider the problem statement that we are given. we are required to compute | |
// the interest of a E100 investment with interst of 5%, we are to print the interest | |
// accumulated after 10years | |
// so let us make a functionality to allow a user to enter the values that will then be | |
// computed here. considering the problem, we are required to enter only the interest rate | |
// so we will make a prompt for just that | |
int rate = 0; | |
// we will cout a prompt so that user knows what to enter | |
std::cout << "Please enter your anual interest rate below" << std::endl; | |
std::cin >> rate; | |
// once the interest rate is entered we should validate it to make sure that the value is a | |
// real number between 0 and 100 percent; | |
assertReal(rate); | |
std::cout << "Compound Interest After 10 Years - " << compoundInterest(100, 10, (double)rate / 100) << std::endl; | |
return 0; | |
} |
Sign up for free
to join this conversation on GitHub.
Already have an account?
Sign in to comment
I will put the first task 2 for your comments