Answer to Question #132695 in C++ for salwa

Question

According to legend, the island of Manhattan was purchased from the native Indian population in 1626 for $24. Assuming this money was invested in a Dutch bank paying 5% simple interest per year, construct a table showing how much money the native population would have at the end of each 50-year period, starting in 1626 and ending 400 years later. Use function to calculate the interest. Use for loop structure to solve this exercise.

·        Write pseudo code for the above problem

·        Write C++ code for the above problem

Answer 1

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