/*
Fig. 4.6: fig04_06.c
Calculating compound interest
*/
#include <stdio.h>
#include <math.h>
int main(void) {
int year;
double amount, principal = 1000.0, rate = 0.05;
printf( "%4s%21s\n", "Year", "Amount on deposit" );
for ( year = 1; year <= 10; year++ ) {
amount = principal * pow( 1.0 + rate, year );
printf( "%4d%21.2f\n", year, amount );
}
return 0;
}
/* example interaction
Year Amount on deposit
1 1050.00
2 1102.50
3 1157.63
4 1215.51
5 1276.28
6 1340.10
7 1407.10
8 1477.46
9 1551.33
10 1628.89
*/
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* (C) Copyright 2000 by Deitel & Associates, Inc. and Prentice Hall. *
* All Rights Reserved. *
* *
* DISCLAIMER: The authors and publisher of this book have used their *
* best efforts in preparing the book. These efforts include the *
* development, research, and testing of the theories and programs *
* to determine their effectiveness. The authors and publisher make *
* no warranty of any kind, expressed or implied, with regard to these *
* programs or to the documentation contained in these books. The authors *
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*************************************************************************/