how would you write a for loop that calculates the total investment over 40 years if a one pays $500 each month but every 2 years the payment increases 10%?
how would you write a for loop that calculates the total investment over 40 years if a one pays $500 each month but every 2 years the payment increases 10%?
//Begin loop: 0 to 40 (years)
//Year_Total = Year_total + Monthly_payment * 12
//If the Loop_Counter / 2 has no remainder, then it has to be a "2nd Year"
//Monthly_payment = Monthly_payment * 1.10
//End Loop
how would you write a for loop that calculates the total investment over 40 years if a one pays $500 each month but every 2 years the payment increases 10%?
I wouldn't. Instead, I would post in a forum by disguising the question by asking the members in the forum, how would they write this. Actually, come to think of it, your statement above would suffice as a disguised question.
#include <iostream>
#include <cmath>
using namespace std;
int main()
{
double investment = 0;
double monthly_payment = 500;
for (int k = 0;k < 20;k++)
{
for (int j = 0;j < 24;j++)
{
investment = investment + monthly_payment;
}
monthly_payment = 500*pow(1.1,k+1);
}
cout << investment << endl;
return 0;
}
not sure from where got 1 negative point