Compound Interest Calculations - C++ Statement

C++ examples for Statement:switch

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Description

Compound Interest Calculations

Demo Code

#include <cmath>
#include <iomanip>
#include <iostream>

int main(int argc, const char *argv[]) {
    double rate = .05f;
    int principal = 1000;

    std::cout << "Year" << std::setw(21) << "Amount on deposit" << std::endl;

    std::cout << std::fixed << std::setprecision(2);

    for (int year = 0; year <= 10; ++year) {
        int amount = principal * pow(1.0f + rate, year);

        // get dollar and cent amount using division and modulus
        int dollar = amount / 100;
        int cent = amount % 100;

        std::cout << std::setw(4) << year << std::setw(12) << dollar << '.' << cent << std::endl;
    }//w ww  .j a va2 s  .co m
    return 0;
}

Result


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