ASSIGNMENT 1

COURSE: CSC118-Programming skills

NAME: TILAGAVATHI A/P ARUMUGAM ID: 11107205993010 CONTACT NUM: 016-9625640 E-MIAL: TILA_0366@YAHOO.COM

QUESTION:
The rule of n72 is used to make a quick estimate of the time required for prices to double due to inflation. If the inflation rate is r percent, then the Rule of 72 estimates that prices will double in 72/r years. For instance, at an inflation rate of 6%, prices double in about 72/6 or 12 years. Write a program to test the accuracy of this rule. The program should display a table showing, for each value of r from 1 to 20, the rounded value of 72/r and the actual number of years required for prices to double at an r% inflation rate. (Assume prices increase at the end of each year). Figure below shows the first few rows of of the output.

INTEREST RATE (%)

1 2 3

RULE OF 72
72 36 24

ACTUAL
72 36 24

PSEUDOCODE
FOR R = 1 to 20 RULE = 72/r IF (rule integer (rule)) > 0 THEN Actual = Integer (rule) + 1 ELSE Actual = Rule ENDIF DISPLAY r, Rule, Actual ENDFOR

INTEREST RATE ( % )

RULE OF 72

ACTUAL

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20

72 36 24 18 14.4 12 10.285 9 8 7.2 6.545 6 5.538 5.142 4.8 4.5 4.235 4 3.789 3.6

72 36 24 18 15 12 11 9 8 8 7 6 6 6 5 5 5 4 4 4