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(Financial application: compound value) Suppose you save $100 each month into a savings account with the annual interest rate 5%. Thus, the monthly interest rate is 0. 05 / 12 = 0 . 00417. After the first month, the value in the account becomes
After the second month, the value in the account becomes
After the third month, the value in the account becomes
and soon.
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Introduction to Java Programming and Data Structures, Comprehensive Version (11th Edition)
- value) Suppose you save $100 each month into a savings account with an annual interest rate of 5%. Therefore, the monthly interest rate is 0.05/12=0.00417. After the first month, the value in the account becomes 100 * (1 + 0.00417) = 100.417 After the second month, the value in the account becomes (100 + 100.417) * (1 + 0.00417) = 201.252 After the third month, the value in the account becomes (100 + 201.252) * (1 + 0.00417) = 302.507 and so on.Write a program that prompts the user to enter a monthly saving amount and displays the account value after the sixth month. Here is a sample run of the program:arrow_forward(Financial: credit card number validation) Credit card numbers follow certain pat- terns. A credit card number must have between 13 and 16 digits. It must start with: 4 for Visa cards 5 for Master cards 37 for American Express cards 6 for Discover cards In 1954, Hans Luhn of IBM proposed an algorithm for validating credit card numbers. The algorithm is useful to determine whether a card number is entered correctly or whether a credit card is scanned correctly by a scanner. Credit card numbers are generated following this validity check, commonly known as the Luhn check or the Mod 10 check, which can be described as follows (for illustra- tion, consider the card number 4388576018402626): 1. Double every second digit from right to left. If doubling of a digit results in a two-digit number, add up the two digits to get a single-digit number. 4388576018402626 → 2 * 2 = 4 → 2 * 2 = 4 → 4 * 2 = 8 → 1 * 2 = 2 6 * 2 = 12 (1+ 2 = 3) → 5 * 2 = 10 (1+ 0 = 1) → 8 * 2 = 16 (1 + 6 = 7) → 4 * 2 = 8arrow_forwardProblem Description: In the Whimsical Library, each book is enchanted with a magical code to ensure the protection of knowledge. The validation process for these magical codes involves a combination of mathematical spells. The validation process is described as follows: Take the sum of the digits at odd positions from left to right. Take the sum of the squared digits at even positions from left to right. If the absolute difference between the results from step 1 and step 2 is a prime number, the book code is considered valid; otherwise, it is invalid. Example 1: Consider the magical book code 86420137. Step 1. Take the sum of the digits at odd positions from left to right. 8+4+0+3=15 Step 2. Take the sum of the squared digits at even positions from left to right. 6^2+2^2+1^2+7^2=36+4+1+49 = 90 Step 3. If the absolute difference between the results from step 1 and step 2 is a prime number. 115-901 75 (not a prime number) Book code 86420137 is invalid. Example 2: Now, let's examine the…arrow_forward
- Q3. (Dice Rolling) Write a program that simulates the rolling of two dice. The program should use rand to roll the first die and should use rand again to roll the second die. The sum of the two values should then be calculated. [Note: Each die can show an integer value from 1 to 6, so the sum of the two values will vary from 2 to 12, with 7 being the most frequent sum and 2 and 12 being the least frequent sums.] Figure 7.26 shows the 36 possible combinations of the two dice. Your program should roll the two dice 10,000 times. Use a one-dimensional array to tally the numbers of times each possible sum appears. Print the results in a tabular format. Also, determine if the totals are reasonable (i.e., there are six ways to roll a 7, so approximately one-sixth of all the rolls should be 7). 1 2 3 4 5 1 2 4 6 7 3 4 6 7 3 4 5 7 8 9 4 7 8 9 10 7 8 10 11 7 10 11 12 Row\Col 3.arrow_forward(DEBUG AND MAKE A FLOWCHART OF THIS PROGRAM) // This pseudocode is intended to display// employee net pay values. All employees have a standard// $45 deduction from their checks.// If an employee does not earn enough to cover the deduction,// an error message is displayed.// This example is modularized.start Declarations string name string EOFNAME = ZZZZ while name not equal to EOFNAME housekeeping() endwhile while name not equal to EOFNAME mainLoop() endwhile while name not equal to EOFNAME finish() endwhilestop housekeeping() output "Enter first name or ", EOFNAME, " to quit "return mainLoop() Declarations num hours num rate num DEDUCTION = 45 num net output "Enter hours worked for ", name input hours output "Enter hourly rate for ", name input rate gross = hours * rate net = gross - DEDUCTION if net > 0 then output "Net pay for ", name, " is ", net else output "Deductions not covered. Net is…arrow_forward[Calculate grades’ average for a student] write a program that calculates the student grades’ average for a semester for the number of courses taken in that semester. Your program should do the following: 1.Read from user the number of courses (n) 2. Then, read the courses’ grades for n times (Hint: use a loop) 3.If a grade is grater than 100 or less than 0, ask the user to enter the grade again. 4.Calculate the average of grades using the following formula: average = (sum of grades) / n 5.Print out the average grade on the screen. Note: Always use appropriate data types.arrow_forward
- 1) Simple Calculator: In Python, implement a simple calculator that does the following operations: summation, subtraction, multiplication, division, sqrt, power, natural log and abs. a) Follow the instructions below: To work with the calculator, the user is asked to enter the first number, then the operation, and finally, a second number if required. Your code has to recognize the need for the second number and ask for it if required. After performing one operation, the calculator prints the output of the operation. After performing one operation, the calculator must not exit. It has to start again for the next operation. The calculator will be closed if the user writes 'e' as any input. Use functions to perform the operations and the appropriate conditions to prevent common errors such as entering characters as one of the numbers etc. b) Run your code and provide the results for at least one example per operation. - -arrow_forward## MP (Machine Problem) Details The bulls and cows game is a code-breaking game designed for two or more players. Each player chooses a secret code of 4 digits from 0 – 9. The digits must be all different. The goal of the game is for each player to guess the other player's secret code. The players in turn present their guesses to the opponents. The opponents respond by telling the players: 1. The number of bulls, i.e. the number of matching digits in their right positions, and 2. The number of cows, i.e. the number of matching digits but in different positions. ### Requirements The main goal of this assignment is to develop the bulls and cows game that allows a single player to play interactively against the computer. The game stores two secret codes, one from the player and one from the computer. The player and the computer will try to guess each other’s secret code. Both the player and the computer only have seven attempts for guessing the secret code. If the player enters invalid…arrow_forward(Calculating the Product of Odd Integers) Write an application that calculates the product of the odd integers from 1 to 15.arrow_forward
- (java programming language) Write a Java program to do the following task: Assign your id number (2017296004) to an integer variable id_num Using reminder operator % on the id_num get the last 2 digits (04) and store it in num If the num is between 0 and 30 (both included), display “You are in Group 1” Otherwise if the num is between 31 and 60 (both included), display “You are in Group 2” Otherwise (num is between 61 and 99 (both included), display “You are in Group 3” Save your file as Q2.Java and upload it.arrow_forward(java programming language) Write a Java program to do the following task: Assign your id number (example.. 2014299123) to an integer variable id_num Using reminder operator % on the id_num get the last 5 digits (99123) and store it in num If the num is between 0 and 30,000 (both included), display “You are in Group 1” Otherwise if the num is between 30001 and 60,000 (both included), display “You are in Group 2” Otherwise (num is between 60,001 and 99,999 (both included), display “You are in Group 3” Save your file as Q2.Javaarrow_forwardChange Return Program: (Write a python program for the following) The user enters a cost and then the amount of money given. The program will figure out the change and the number of twenty-dollar bills, ten-dollar bills, five-dollar bills, single-dollar bills, quarters, dimes, nickels, pennies needed for the change. You must have the maximum amount of higher denominations possible before allowing for lower denominations. For example, If your change is $18.88, You must have One Ten-dollar bill, One Five-dollar bill, Three singles, Three quarters, One dime and three pennies. There should be no nickels; No three Five-dollar bills etc.arrow_forward
- C++ Programming: From Problem Analysis to Program...Computer ScienceISBN:9781337102087Author:D. S. MalikPublisher:Cengage Learning