ece231assn2

# ece231assn2 - ECE 231 Fall 2010 Programming Assignment 2...

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ECE 231 – Fall 2010 Programming Assignment 2 Due: Tuesday, September 7, 2010 at 11:59 PM Write a C++ program that based on a menu choice either calculates an amount you have gained in an account using the compound interest formula given a principle, interest rate, the number of compounds per year and the number of years or the continuous compounding formula that requires the principal, interest rate and number of years or exits. The formulas you will use are described as follows: nt n r P A + = 1 where A is amount, P is principle, r is interest rate (in decimal form,) n is the number of compounds per year (annually would be 1, monthly would be 12, etc,) and t is time in years (one and a half years would be 1.5.) For this calculation, you will need to ask the user to enter the principle, the interest rate, the time and the number of compounds per year. rt Pe A = where A is amount, P is principle, r is interest rate (in decimal form,) and t is time in years. For this calculation, you will need to ask for the principle, the interest and the time. NOTE

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ece231assn2 - ECE 231 Fall 2010 Programming Assignment 2...

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