You are tasked with creating a program to manage monthly household expenses. The program should collect input on various expenses incurred during the month and provide a summary of the financial situation. Here are the specific program details: • The program should request the user to input the amounts spent on groceries, utilities, rent/mortgage, transportation, and other expenses. . • Calculate the total amount spent and the percentage of each expense category relative to the total spending. • Display the total spending and the percentage breakdown of expenses to the user. • Provide a financial overview based on the following criteria: -If the total spending exceeds the monthly budget, display a message indicating overspending and the amount exceeded. - If the total spending is within the budget but any individual expense category exceeds 30% of the total spending, recommend reviewing and adjusting that category. - Otherwise, display a message indicating good financial management. Please write a C++ program following the specified requirements and make sure to include comments for clarity and self-documentation.

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...
icon
Related questions
Question
You are tasked with creating a program to manage monthly household expenses. The
program should collect input on various expenses incurred during the month and
provide a summary of the financial situation. Here are the specific program details:
• The program should request the user to input the amounts spent on groceries,
utilities, rent/mortgage, transportation, and other expenses.
• Calculate the total amount spent and the percentage of each expense category
relative to the total spending.
•Display the total spending and the percentage breakdown of expenses to the user.
• Provide a financial overview based on the following criteria:
-If the total spending exceeds the monthly budget, display a message indicating
overspending and the amount exceeded.
-If the total spending is within the budget but any individual expense category
exceeds 30% of the total spending, recommend reviewing and adjusting that category.
- Otherwise, display a message indicating good financial management.
Please write a C++ program following the specified requirements and make sure to
include comments for clarity and self-documentation.
Transcribed Image Text:You are tasked with creating a program to manage monthly household expenses. The program should collect input on various expenses incurred during the month and provide a summary of the financial situation. Here are the specific program details: • The program should request the user to input the amounts spent on groceries, utilities, rent/mortgage, transportation, and other expenses. • Calculate the total amount spent and the percentage of each expense category relative to the total spending. •Display the total spending and the percentage breakdown of expenses to the user. • Provide a financial overview based on the following criteria: -If the total spending exceeds the monthly budget, display a message indicating overspending and the amount exceeded. -If the total spending is within the budget but any individual expense category exceeds 30% of the total spending, recommend reviewing and adjusting that category. - Otherwise, display a message indicating good financial management. Please write a C++ program following the specified requirements and make sure to include comments for clarity and self-documentation.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps with 3 images

Blurred answer
Recommended textbooks for you
Computer Networking: A Top-Down Approach (7th Edi…
Computer Networking: A Top-Down Approach (7th Edi…
Computer Engineering
ISBN:
9780133594140
Author:
James Kurose, Keith Ross
Publisher:
PEARSON
Computer Organization and Design MIPS Edition, Fi…
Computer Organization and Design MIPS Edition, Fi…
Computer Engineering
ISBN:
9780124077263
Author:
David A. Patterson, John L. Hennessy
Publisher:
Elsevier Science
Network+ Guide to Networks (MindTap Course List)
Network+ Guide to Networks (MindTap Course List)
Computer Engineering
ISBN:
9781337569330
Author:
Jill West, Tamara Dean, Jean Andrews
Publisher:
Cengage Learning
Concepts of Database Management
Concepts of Database Management
Computer Engineering
ISBN:
9781337093422
Author:
Joy L. Starks, Philip J. Pratt, Mary Z. Last
Publisher:
Cengage Learning
Prelude to Programming
Prelude to Programming
Computer Engineering
ISBN:
9780133750423
Author:
VENIT, Stewart
Publisher:
Pearson Education
Sc Business Data Communications and Networking, T…
Sc Business Data Communications and Networking, T…
Computer Engineering
ISBN:
9781119368830
Author:
FITZGERALD
Publisher:
WILEY