Basic C help This is what it is asking I will need the progr
Basic C++ help:
This is what it is asking. I will need the program to print the exact output that is reflected in the example.
Ask the user for an amount to save each month. Assuming a 1% per month interest rate, how many MONTHS will it take the user to save $1000. Add the savings at the END of each month.
For example:
This is what I have so far, but it keeps timing out so I don\'t think I have the math or loop set up correctly.
#include <iostream>
#include <string>
using namespace std;
int main() {
double amount = 0.0;
double interestTotal = 0.0;
double interest = 0.01;
double total = 0.0;
int months = 0;
cout << \"How much do you want to save each month?: \";
cin >> amount;
cout << amount;
do {
interestTotal = (total + amount) * interest;
total += amount + interestTotal;
cout << \"Month \" << months + 1 << \": $\" << interestTotal << \" deposited \" << amount << \" interest earned is \" << total;
months++;
}
while (total <= 1000);
cout << \"It took \" << months << \" months, and you now have $\" << total << endl;
return 0;
}
Solution
#include <iostream>
#include <string>
using namespace std;
int main() {
double amount = 0.0;
double interestTotal = 0.0;
double interest = 0.01;
double total = 0.0;
int months = 0;
cout << \"How much do you want to save each month?: \";
cin >> amount;
cout << amount;
do {
interestTotal = (total + amount) * interest;
total = amount + interestTotal;
cout << \"Month \" << months + 1 << \": $\" << total << \" deposited \" << amount << \" interest earned is \" <<interestTotal;
months++;
}
while (total <= 1000);
cout << \"It took \" << months << \" months, and you now have $\" << total << endl;
return 0;
}
//edited total+=amount+interestTotal to //total=amount+interestTotal
// in cout keep exchange total and interestTotal

