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)
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Author:James Kurose, Keith Ross
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Chapter1: Computer Networks And The Internet
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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.
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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