Mary Jane would like to invest her money amounting 100,000 at the bank. Before investing her money, she would like to determine which type of account that she will chose. The amount of interest that...

Mary Jane would like to invest her money amounting 100,000 at the bank. Before investing her money, she would like to determine which type of account that she will chose. The amount of interest that her money earns depends on which type of account the money is in. The bank has 6 different types of accounts and they earn interest as follows: Account type Interest earned personal financial 1.5% personal homeowner 2.0% personal gold 2.5% small business 3.0% big business 3.5% gold business 4.0% Mary Jane as a programmer would like to make a program that computes automatically the interest earned of her money in each type of account. REQUIREMENTS: 1. Write the corresponding algorithm a. Narrative b. Pseudocode 2. Construct the program and record your screen display result Questions 1. What are the data needed for the solution of the program to produce the desired output? 2. What statements in the program that determines interest earned of each type of account? 3. What was the condition applied to satisfy the requirement? 4. What have you observed in using nested if statement in this program?

Jun 10, 2022
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