Create the logic for a program that calculates and displays the amount of money

Question

Create the logic for a program that calculates and displays the amount of money you would have if you invested $5000 at 2 percent simple interest rate for one year.  Create a seperate method to do the calculation and return the result to be displayed.

With further instruction via Professor: "I have one change to that program.  Instead of calculating the return on investment for $5000 at 2%, you will allow the user to enter an amount invested and interest rate.

Your program must have the following characteristics to earn full points.:

Explanation / Answer

#include<iostream>

using namespace std;

float calculate(int p,int r)

{

float interest,amount;

interest = (p*r)/100;

amount = p + interest;

return amount;

}

int main()

{

float rate,amount,principal;

cout<<" Enter the principal : ";

cin>>principal;

cout<<" Enter the rate : ";

cin>>rate;

amount = calculate(principal,rate);

cout<<"Amount : "<<amount;

return 0;

}

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