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: 6

Answer

See algorithm

Work Step by Step

Step 1 Get the value of starting account balance B, Interest Rate I, and annual service charge S Step 2 Set the value of Interest to B(1+I/12)^12 – B Step 3 Set the final balance to Bf to B + Interest Step 4 If starting account balance B < 1000 then Step 5 Set the final balance to Bf to B + Interest -S Step 6 Print the value of interest and Bf Step 7 Stop
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