C++ :: Loan Payment Table - Top Increments And Interest Rate
Apr 7, 2014
I have a problem requiring me to :
enter loan amount:
Enter interest rate:
Enter length of loan (years)
It wants me to input the minimum amount for the loan, and the minimum interest rate. and then output a table that has 5 loan amounts across the top in $10000 increments and 4 interest rates along the side in .25% increments.
#include <iostream>
#include <iomanip>
#include <cmath>
using namespace std;
int main () {
double loan, interest, length, payment,ti;
//Enter loan price
I am making this program for a class and it works fine except for the daily interest rate for the checking account is off. The daily interest for the savings computes perfectly. The monthly interest rate for savings is 6% and for checking 3%.
Account.h
#ifndef ACCOUNT_H #define ACCOUNT_H #include <iostream> #include <string> using namespace std; const int DAYS_PER_MONTH = 30;
Your objective is to write a program that calculates the simple interest for a given loan amount and duration (in years).
Formula:
Simple interest = loan amount X interest rate X number of years Assume interest rate is a constant 6% per year.
Specifically, your program will: 1. Output descriptive header 2. Prompt and read any customer’s first name, middle initial, and last name individually 3. Prompt and read the principal/loan amount 4. Prompt and read the duration of the loan in years 5. Calculate the interest 6. Output: a. Customer full name b. Principal/loan amount c. Duration of loan d. Interest rate e. Interest on loan f. Principal and interest due at end of term
OK SO THIS IS MY PROGRAM SO FAR. As you can see i got it all but i am so confused with as to for loan amount and duration of year, if i should use float or double to declare it?
i need to finish this assignment by calculating the simple interest and i dont know how or where to begin.
int main(){ system("color f0"); string firstName; string middleInitial; string lastName; cout<<"Please enter your First Name: ";
Write a program to create an output file containing a customized loan amortization table. Your program will prompt the user to enter the amount borrowed (the principal), the annual interest rate, and the number of payments (n). The payment must be rounded to the nearest cent. After the payment has been rounded to the nearest cent, the program will write to the output file n lines showing how the debt is paid off.
Code:
#include <stdio.h> #include <math.h> int main (void) {
int *ptr; printf("Output: %d %d %d ",sizeof(ptr), ptr, ptr+1);
Output: 4 214734480 214734484 when size of the pointer is the same "4 bytes" whether its a char pointer or a int pointer, but why a char pointer increments 1 where as int pointer increments 4.
I'm trying to build an interactive loan calculator for a school project. These are the requirements:
Your program should do the following: •Display a Welcome title for the Loan Calculator •Prompt the user to enter the price of the car •Prompt the user to enter the length of the term in months •Prompt the user to enter the APR in percentage (e.g. 4.79%) - without the percent sign of course
Your program should then report with the monthly payment will be.
Use setw() and setfill() to display the content like a receipt. All the data should be neatly displayed.
Example
For a Friend Loan Calculator
Price of Vehicle: $25,000 Term of Loan (in months): 60 APR in percentage (e.g. 4.79% - without the percent sign): 3.8 -------------------------------------------------------------- Total Monthly Payments: $433.50 //NOT ACCURATE
Display all money totals (output values) to two decimal places. You should output an accurate result as well.
For extra credit you may factor in a state auto sales tax of 6.5% of the purchase price of the vehicle and how much of a down payment the user would like to put down. Of course, if you are factor down payment, you must prompt the user to enter that amount.
I attempted to build one but I'm getting a lot of errors using Microsoft visual studio. Here it is below:
Write a program to calculate the Loan Balance, where a person borrows an amount A and in return he/she agrees to make N payments per year, each of amount P. While the person is repaying the loan, interest will accumulate at an annual percentage rate of R, and this interest will be compounded N times a year (along with each payment). Therefore, the person must continue paying these installments of amount P until the original amount and any accumulated interest is repaid.
NOTE: The formula to calculate the amount that the person needs to repay after T years is-
Balance Amount after T years = A[(1+R/N)^NT]-P -----------------------------------------------------------
I have a few doubts :
1. I think that the "balance amount" formula can directly give the "loan balance" for the person. I'm not sure if it's correct but in that case the question would serve no purpose. Maybe I'm wrong.
2. If there should be a loop to calculate the loan balance, what condition should I give and which loop will be better to use?
I use ffmpeg codes in my C++ app and would like to control the bit_rate parameter for VIDEO there. I tried to change its value in work (via ost->st->codec->bit_rate = 150000), but ffmpeg did not wish to change it.
Equation for compound interest. The interest is supposed to be $43.34 according to the book, I am ending up with around $35. The actual equation is amount = principal * (1 + rate/t)^t where t = number of times compounded per year. I still have to go through and clean up all the code I just want the formula working first.
#include <iostream> #include <iomanip> #include <cmath> using namespace std; int main () { float princ, rate, comp, savings, interest, rates, year;
The server(and not the clients) will connect to the clients and just send a message. The idea is to be able to connect at each client a different time.
e.g every 10mins connect at client 1 every 2mins connect at client 2 every 1hour connect at client 3 and so on...
So how to implement this ? Should i create a new child process for each connection and what about the timing ? A pseudo code also will work.
The question involves me writing a program using a overloaded function to calculate the Weekly rate of employees but they get paid hourly and weekly. I get this error but do not know why,
#include <iostream> using namespace std; int calcWeeklyPay(int paidWeekly, int annualSalaryWeekly) //Returns the Weekly salary of weekly paid Employees int calcWeeklyPay(int paidHourly, int annualSalaryHourly) //Returns the Weekly salary of Hourly paid Employees
I was trying to make a program of calculating simple intrest using functions. I don't know whats wrong with the program but it always shows a wrong output.
Write a payroll program that prompts for the number of hours an employee worked, as well as the employee’s pay rate. If the employee worked for 40 hours or less, the gross pay is calculated by multiplying the number of hours worked by the pay rate. If the number of hours worked by the employee exceeds 40 hours, the employee should receive regular pay for the first 40 hours, and receive time-and-a-half pay for the hours in excess of 40. Display the calculated gross pay on the screen.
Continue to prompt for similar data for more employees and have the gross pay of each employee displayed, until there is no more employee data to process. Then display “Good Bye”.
Your solution must be separated into three source files (Interface, Implementation, and Test)
This exercise should familiarise you with loops, if-then-else statements, and recursion. You will have to design and implement a program that calculates the interest earned on a bank-account. Deadline is the end of Tuesday in week 4.
Interests are compounded; that is, you earn interest on interest. Given a yearly interest rate of say, 6%, you can calculate the total sum available when an initial sum of 4000 pounds is put away for 13 years as follows:
4000 * ( (1 + [6/100])^13 ) = 8531.71 pounds
where the caret symbol denotes 'to the power of'. One way to calculate the power is by repeatedly mulitplying. Ie, you can mulitply 1.06 with 1.06 12 times to calculate 1.06^13.
PART 1
Design and implement a function that raises X to the power Y for a real number X and a positive integer Y. The function must use a while loop.
Design and implement a main program that calculates the sum availble when 1000 pounds has been put away for 25 years with 5 percent interest.
Change the while-loop in the function to a for-loop.
I'm currently working on a program that calculates shipping charges. However I'm stuck, whenever I compile the program the total amount at the end always comes up as my flat rate variable and not the total calculated number.
I am having an issue with my sort function. This is one part of the Hash table program. The main issue is that I am trying to sort the pointer table after all of the values have been entered. The ptr_sort function is not a class function and so I am therefore unable to use the class variables psize and pTable. Is there another way I should be trying this? it is a Vector should I use the sort() function from the vector class in STL?
If a user enters a string of boolean algebra it will ouput the table.
I have input parsing, cycling through the combinations, and outputing working. However once i parse the input I am not sure what to do with it. I have thought of having it write the parsed input to a new file as a function and then use that function, but that seems bad.
How to dynamically create the function, how to implement it.
BTW This is a console function, if that changes anything.
For each quarter, calculate and display the beginning principal balance, the interest earned, and the final principal balance for the quarter.For example: The user entered 1000.00 for the beginning principal balance, 5.25 for the interest rate, and 8 for the number of quarters. The output from this part of the program should be similar to the following:
