Suppose we add a fixed amount of money into our bank account at the beginning of every year. Modify the program from this section to show how many years it takes for the balance to double, given the annual contributions and the interest. Also print the final balance. Complete the following file:

Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Chapter1: Introduction
Section: Chapter Questions
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Suppose we add a fixed amount of money into our bank account at the beginning of every year. Modify the program from this section to show how many years it takes for the balance
to double, given the annual contributions and the interest. Also print the final balance.
Complete the following file:
doubleinv.cpp
1
#include <iostream>
2 using namespace std;
3
int main()
5 {
4
const double RATE = 5;
const double INITIAL_BALANCE = 10000;
const double TARGET = 2 * INITIAL_BALANCE;
7
8
9.
cout << "Annual contribution:
double contribution;
cin >> contribution;
10
« endl;
11
12
13
double balance = INITIAL_BALANCE;
int year = 0;
14
15
16
17
// TODO: Add annual contribution, but not in year 0
18
19
cout << "Year: "
« year << endl;
20
21
return 0;
22 }
6,802
Transcribed Image Text:Safari File Edit View History Bookmarks Develop Window Help 12% O Mon 2:01 PM Not Secure - codecheck.io 4.1 The. Post At.. FL Fast Li. 20FA C. Post At.. c Your As.. * Start P. W Homep. JSLinux G fabrice. JSLinux G how do. Suppose we add a fixed amount of money into our bank account at the beginning of every year. Modify the program from this section to show how many years it takes for the balance to double, given the annual contributions and the interest. Also print the final balance. Complete the following file: doubleinv.cpp 1 #include <iostream> 2 using namespace std; 3 int main() 5 { 4 const double RATE = 5; const double INITIAL_BALANCE = 10000; const double TARGET = 2 * INITIAL_BALANCE; 7 8 9. cout << "Annual contribution: double contribution; cin >> contribution; 10 « endl; 11 12 13 double balance = INITIAL_BALANCE; int year = 0; 14 15 16 17 // TODO: Add annual contribution, but not in year 0 18 19 cout << "Year: " « year << endl; 20 21 return 0; 22 } 6,802
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