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  1. //Diego Martinez					CSC5				   Chapter 5, P.294,#5
  2. /*******************************************************************************
  3. * CALCULATE YEARLY MEMBERSHIP FEE INCREASE
  4. * ______________________________________________________________________________
  5. * This program calculates and displays how a country club’s membership fee is 
  6. * expected to increase over the next six years.
  7. *
  8. * 
  9. * Computation is based on the Formula:
  10. *	Initial Fee = 2500
  11. *	r = 0.04 (4% increase per year)
  12. *	n = number of years
  13. *	Fee after n years=2500×(1.04)^n
  14. *______________________________________________________________________________
  15. * INPUT
  16. *	Initial membership fee	: $2500
  17. *	Annual increase rate	: 4% (0.04)
  18. *	Number of years			: 6
  19. *	
  20. * OUTPUT
  21. *	The year number : (Year 1 through Year 6)
  22. *	The membership fee for that year after the 4% increase
  23. *******************************************************************************/
  24. #include <iostream>
  25. #include <iomanip>
  26. using namespace std;
  27.  
  28. int main() {
  29.     float fee = 2500.0;
  30.     const float increaseRate = 0.04;
  31.  
  32.     cout << fixed << setprecision(2);
  33.  
  34.     for (int year = 1; year <= 6; year++) {
  35.         fee += fee * increaseRate;
  36.         cout << "Year " << year << ": $" << fee << endl;
  37.     }
  38.  
  39.     return 0;
  40. }
Success #stdin #stdout 0s 5324KB
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Standard input is empty
stdout
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Year 1: $2600.00
Year 2: $2704.00
Year 3: $2812.16
Year 4: $2924.65
Year 5: $3041.63
Year 6: $3163.30
https://ideone.com/RMAb6g
CALCULATE YEARLY MEMBERSHIP FEE INCREASE P.294, #5
language:
C++ (gcc 8.3)
created:
9 hours ago
visibility:
public

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