Invitation to Computer Science 8th Edition

Published by Cengage Learning
ISBN 10: 1337561916
ISBN 13: 978-1-33756-191-4

Chapter 2 - Exercises - Page 86: 2


In the pseudocode use $Balance \cdot(1+\operatorname{Rate} / 12)^{12}- Balance $ for the Interest and $[\text { Balance }+\text { Interest - Service }]$ for final balance.

Work Step by Step

Step 1 Get the values for starting account balance $\mathbf{B},$ interest rate $\mathbf{I},$ and annual service $\mathbf{S}$ . Step 2 Set value for resulting Interest to $] \mathbf{B} \cdot(1+\mathbf{I} / 12)^{12}-\mathbf{B} |$ Step 3 Set value for final balance $\mathbf{B}_{\mathbf{F}}$ to $[\mathbf{B}+\text { Interest }-\mathbf{S}]$ Step 4 Print the values of Interest and $\mathbf{B}_{\mathbf{F}}$ Step 5 Stop
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