Untitled document - Part 1 Practice Developing Pseudocode...

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Part 1: Practice Developing Pseudocode Step 1: Set the year value of 0 Set the balance to $10,000 Set interest value to .005 if percent * balance in > 500 write message to terminate While the balance is > than 0 Add 1 to the year value multiply the balance by 1.005 Subtract 500 every month Divide final value by 12 Record value as final answer Step 2: For the figures the alogorithm will never terminate because the interest rate is too
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  • Fall '19
  • Natural number, 15%, $10,000, $56.50

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