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A savings account is opened with £100000 at the beginning of January. A deposit is then made of £1000 at the end of every month for the next 12 months. Interest is calculated and added to his account at the end of the month (before the £1000 deposit is made). Interest is calculated based on the amount in the account when the interest is calculated based on the following; Account amount Interest rate 0.5% < 110 000 110 000 ≤ A ≤ 125000 1.0% > 125000 1.5% Write a program that will display for each of the 12 months, under suitable headings, the month, the interest rate, the amount of interest earned, and the new balance.

A savings account is opened with £100000 at the beginning of January. A deposit is then made of £1000 at the end of every month for the next 12 months. Interest is calculated and added to his account at the end of the month (before the £1000 deposit is made). Interest is calculated based on the amount in the account when the interest is calculated based on the following; Account amount Interest rate 0.5% < 110 000 110 000 ≤ A ≤ 125000 1.0% > 125000 1.5% Write a program that will display for each of the 12 months, under suitable headings, the month, the interest rate, the amount of interest earned, and the new balance.

Computer Networking: A Top-Down Approach (7th Edition)
Computer Networking: A Top-Down Approach (7th Edition)
7th Edition
ISBN:9780133594140
Author:James Kurose, Keith Ross
Publisher:James Kurose, Keith Ross
Chapter1: Computer Networks And The Internet
Section: Chapter Questions
Problem R1RQ: What is the difference between a host and an end system? List several different types of end...
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A savings account is opened with £100000 at the beginning of January. A deposit is then made of £1000 at the end of every month for the next 12 months. Interest is calculated and added to his account at the end of the month (before the £1000 deposit is made). Interest is calculated based on the amount in the account when the interest is calculated based on the following; Account amount Interest rate 0.5% < 110 000 1.0% 110 000 ≤ A ≤ 125000 > 125000 1.5% Write a program that will display for each of the 12 months, under suitable headings, the month, the interest rate, the amount of interest earned, and the new balance.
Transcribed Image Text:A savings account is opened with £100000 at the beginning of January. A deposit is then made of £1000 at the end of every month for the next 12 months. Interest is calculated and added to his account at the end of the month (before the £1000 deposit is made). Interest is calculated based on the amount in the account when the interest is calculated based on the following; Account amount Interest rate 0.5% < 110 000 1.0% 110 000 ≤ A ≤ 125000 > 125000 1.5% Write a program that will display for each of the 12 months, under suitable headings, the month, the interest rate, the amount of interest earned, and the new balance.
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