Draw the hierarchy chart for program

Assignment Help Accounting Basics
Reference no: EM13298292

A Chartered Financial Analyst wants a program that willproduce a report to show her clients the benefits of saving forretirement. The report should show 4 predicted accountvalues for each client (each on a separate page). The report will assume the client will invest $10,000 ayear for 10, 20, 30 or 40 years. The report will showthe return when $10,000 is invested annually and will earna 9% rate of return.

Example:?Read fromFile: ?     client name:Anthony Martin?     client address:123 Main Street, Anytown USA

Sample Calculations:?     balance year 0 =10000     (initialinvestment)?     balance year i =balance year i-1 times 1.09 + 10000 (i = 1 to 40)

Sample Account Balances:?     balance at 10years: $175,605?     balance at 20 years:$567,645?     balance at 30 years:$1,495,750?     balance at 40years: $3,692,920

Your logic should produce a table formatted as follows:

account balance at 10 years

account balance at 20 years

account balance at 30 years

account balance at 40 years

a) Identify required variables and choose descriptive names anddata types for each.?b) Draw the hierarchy chart for thisprogram.?c) Write the pseudocode for this program.

Reference no: EM13298292

Questions Cloud

Determine what is the probability that the system operates : Consider a system that consists of 4 devices. The probabilities of failure for each of the devices are, respectively: 10%, 25%, 20%, and 30%. (a) If these components were in series, what is the probability that the system operates
What is the worth of the contract at the time of signing : If the interest rate is 8% compounded annually, what is the worth of the contract at the time of signing?
Find the magnitude of daniels velocity after the collision : 0.100kg stone rests on a frictionless, horizontal surface. A bullet of mass 9.00g , find the magnitude of Daniel's velocity after the collision
Calculate the company weighted cost of capital : The company's past annual growth rate in dividends and earnings has been 6%. However, a 5% annual growth in earnings and dividends is expected for the foreseeable future. The company's marginal tax rate is 40%.
Draw the hierarchy chart for program : Identify required variables and choose descriptive names anddata types for each and draw the hierarchy chart for this program.?c) Write the pseudocode for this program.
Determine the most economical alternative of return analysis : Using Rate of Return Analysis, determine the most economical alternative below. Assume a minimum attractive rate of return of 6%, and a 5-year life with no salvage value for each. The alternatives are mutually exclusive
What was the firm times interest earned ratio : Orono Corp.'s sales last year were $435,000, its operating costs were $362,500, and its interest charges were $12,500. What was the firm's times interest earned (TIE) ratio?
Explain the specific heat constant of metal a raises : What is the specific heat constant if 621 g of Metal A raises the temperature of water by 3.20°C and releases 1.20 kJ of heat
At what price should the bonds sell : D. J. Masson Inc. recently issued noncallable bonds that mature in 10 years. They have a par value of $1,000 and an annual coupon of 5.5%. If the current market interest rate is 7.0%, at what price should the bonds sell?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd