Create a program that calculates and displays the amount of money you would have

Question

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

// Start

//     Declarations

//       num amount

//       num newAmount

//       num interestRate

//     output "Please enter the dollar amount.   "

//     input amount

//     output "Please enter the interest rate(e.g., nine percet should be entered as 9.0).   "

//     input interestRate

//     newAmount = FutureValue(amount,interestRate)

//     output "The new dollar amount is ", newAmount

// Stop

//

//

//

// num FutureValue(num initialAmount, num interestRate)

//     Declarations

//       num finalAmount

//     finalAmount = (1 + interestRate/100) * initialAmount

// return finalAmount

Explanation / Answer

#include <iostream>
using namespace std;

double FutureValue(double initialAmount, double interestRate);

int main()
{
    double amount;
    double newAmount;
    double interestRate;
   
    cout << "Please enter the dollar amount. " << endl;
    cin >> amount;
    cout << "Please enter the interest rate(e.g., nine percet should be entered as 9.0). " << endl;
    cin >> interestRate;
   
    newAmount = FutureValue(amount, interestRate);
    cout << "The new dollar amount is " << newAmount << endl;
}

double FutureValue(double initialAmount, double interestRate)
{
    double finalAmount;
    finalAmount = (1 + interestRate/100) * initialAmount;
    return finalAmount;
}

//test run and proper indentation: http://ideone.com/qsC6Q6

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