Microsoft Visual Studio C++ 2022 Community IDE Task 3: Write a function to calculate the (compound) interest on an initial investment of E100 at an annual interest rate of 5% by using a loop structure. Do not derive or use the compound interest formula. The idea is to use a loop structure to add the compound interest to the present balance. You should assume that interest is paid annually and print the balance every year for 10 years. Modify your code so that the interest rate is entered from the command line. Make sure that your program issues an error if the interest rate is not a real number in the range 0≤r≤100.
Microsoft Visual Studio C++ 2022 Community IDE Task 3: Write a function to calculate the (compound) interest on an initial investment of E100 at an annual interest rate of 5% by using a loop structure. Do not derive or use the compound interest formula. The idea is to use a loop structure to add the compound interest to the present balance. You should assume that interest is paid annually and print the balance every year for 10 years. Modify your code so that the interest rate is entered from the command line. Make sure that your program issues an error if the interest rate is not a real number in the range 0≤r≤100.
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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![Microsoft Visual Studio C++ 2022 Community IDE
Task 3: Write a function to calculate the (compound) interest on an initial investment of E100 at an annual
interest rate of 5% by using a loop structure. Do not derive or use the compound interest formula.
The idea is to use a loop structure to add the compound interest to the present balance. You should assume
that interest is paid annually and print the balance every year for 10 years.
Modify your code so that the interest rate is entered from the command line. Make sure that your program
issues an error if the interest rate is not a real number in the range 0≤r≤100.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8d1c9ad9-d6b9-4748-81e8-04b8d5c1b1f2%2F4ba6fc66-9a00-466b-bbad-5c86236a9c65%2Fgl57f7j_processed.png&w=3840&q=75)
Transcribed Image Text:Microsoft Visual Studio C++ 2022 Community IDE
Task 3: Write a function to calculate the (compound) interest on an initial investment of E100 at an annual
interest rate of 5% by using a loop structure. Do not derive or use the compound interest formula.
The idea is to use a loop structure to add the compound interest to the present balance. You should assume
that interest is paid annually and print the balance every year for 10 years.
Modify your code so that the interest rate is entered from the command line. Make sure that your program
issues an error if the interest rate is not a real number in the range 0≤r≤100.
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