Michael deposits 1,000 in a bank at an interest rat of 10% per year. At the end of each year, the interest earned is added...

      

Michael deposits 1,000 in a bank at an interest rat of 10% per year. At the end of each year, the interest earned is added to the amount on deposit and this becomes the new deposit for the next year.
Develop a pseudo code to determine the year in which the amount accumulated first exceeds 2,000. Also for each year, print the year (starting from 1), the deposit, the Interest earned, and the total accumulated at the end of the year.

  

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Kavungya answered the question on April 16, 2019 at 13:21

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