Program to calculate interest on account balance

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Reference no: EM1383987

Accepts account balance and calculates interest on Account balance. It then adds on interest to get total amount due. Rate schedule are as follows: 1.5% on first %1000 and 1% on any amount over that. Minimum payment is total amount due if that is <=$10; otherwise, it is $10 or 10% of total amount owed, which ever is larger. Program comprises loop which lets user repeat this computations until user says she or he is done.

Reference no: EM1383987

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Program to calculate interest on account balance : 10% of total amount owed, which ever is larger. Program comprises loop which lets user repeat this computations until user says she or he is done.

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