= 5 years|4.5%Less than 5 and >=4 years4%Less than 4 and >=3 years3.5%2.5%Less than 3 and >=2 yearsLess than 2 and >=1 years2%Less than 1 year1.5%Compute the interest with the formula:...


Write a C++ program that accepts an amount of money on deposit and a number of years it has been on deposit (years can have decimals). It will determine the interest to be paid<br>on the deposit based on the following schedule:<br>Time on Deposit<br>Interest Rate<br>>= 5 years<br>|4.5%<br>Less than 5 and >=4 years<br>4%<br>Less than 4 and >=3 years<br>3.5%<br>2.5%<br>Less than 3 and >=2 years<br>Less than 2 and >=1 years<br>2%<br>Less than 1 year<br>1.5%<br>Compute the interest with the formula: Interest = Deposit * IntRate*Years.<br>%3D<br>Display the original deposit, the interest earned,<br>and the new Balance (with interest added to the deposit).<br>Deposits with Interest Program<br>Please enter the amount deposited today:<br>100.00<br>Please enter the number of years it has been on deposit:<br>7.5<br>Your original deposit was $100.00<br>Your interest earned in 7.50 years is $33.75<br>Your new balance is $133.75<br>

Extracted text: Write a C++ program that accepts an amount of money on deposit and a number of years it has been on deposit (years can have decimals). It will determine the interest to be paid on the deposit based on the following schedule: Time on Deposit Interest Rate >= 5 years |4.5% Less than 5 and >=4 years 4% Less than 4 and >=3 years 3.5% 2.5% Less than 3 and >=2 years Less than 2 and >=1 years 2% Less than 1 year 1.5% Compute the interest with the formula: Interest = Deposit * IntRate*Years. %3D Display the original deposit, the interest earned, and the new Balance (with interest added to the deposit). Deposits with Interest Program Please enter the amount deposited today: 100.00 Please enter the number of years it has been on deposit: 7.5 Your original deposit was $100.00 Your interest earned in 7.50 years is $33.75 Your new balance is $133.75

Jun 10, 2022
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