Write a pseudocode instructions to carry out the following computational operati

Question

Write a pseudocode instructions to carry out the following computational operations: Compute the interest earned in 1 year given the starting account balance B and the annual interest rate I and assuming simple interest, that is, no compounding. Also determine the final balance at the end of the year Write a pseudocode instructions to carry out the following computational operations: Compute the interest earned in 1 year given the starting account balance B and the annual interest rate I and assuming simple interest, that is, no compounding. Also determine the final balance at the end of the year Compute the interest earned in 1 year given the starting account balance B and the annual interest rate I and assuming simple interest, that is, no compounding. Also determine the final balance at the end of the year

Explanation / Answer

Psuedocode

principal = B

rate = I

interest = B*I*1/100

Explanation

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