Question

Draw flowchart AND write pseudo code for each of the following problems.

1. User asks you to develop a program that calculates and then prints interest earned on a bank balance. Program should print interest earned for the same balance when interest is accumulated annually, semiannually and quarterly.

Interest earned yearly=balance * rate /100 for annual Interest earned semiannually =balance*rate/2/100 for semi annual Interest earned quarterly= balance*rate/4/100 for quarterly

Answer 1

FLOWCHART

OUTPUT

PSEUDOCODE

PROGRAM INPLEMENTATION USING C++

#include<iostream>
#include<iomanip>
using namespace std;
int main()
{
   //declare the variables
   double balance,year,semiyear,quarter,rate;
   //input the balance
   cout<<endl<<"Enter the balance";
   cin>>balance;
   //input the rate of interest
   cout<<endl<<"Enter the rate of interest";
   cin>>rate;
   //compute the yearly interest
   year = balance *rate/100;
   //compute the semiyearly interest
   semiyear = balance * rate/2/100;
   //compute the quarterly interest
   quarter = balance * rate/4/100;
   //display the details
   cout<<endl<<"Balance : $"<<fixed<<setprecision(2)<<balance;
   cout<<endl<<"Yearly Interest : $"<<fixed<<setprecision(2)<<year;
   cout<<endl<<"Semiyearly Interest : $"<<fixed<<setprecision(2)<<semiyear;
   cout<<endl<<"Quarterly Interest : $"<<fixed<<setprecision(2)<<quarter;
}

OUTPUT