Investment value and rate, Taxation

Assignment Help:

The second task of the program is to calculate/display a possible investment. First, the program should ask

the amount of money that he/she requires (on an average) per week as living expenditure. You are to assume this expenditure value does not change for the individual over time. (the amount needs to be a positive number and different from zero; if not, the program will show an error message and ask the salary again)

On the basis of this information the program should advise the user whether or not the amount he/she is earning each week is sufficient to cover his/her weekly expenses. If the user earns less than the amount that is required to live, you should show a warning message and ask if the user would like to enter a new amount or terminate the program.

If an amount is sufficient to cover his/her weekly expenses, the program should ask if the user would like to invest some money. If yes, the program should ask

Investment value - the amount of money that he/she would like to invest per week (it is necessary to verify if this amount is feasible. If not, show an error message and ask again)

Interest rate - the interest rate of the investment account per annum (the interest rate needs to be between 1% and 100%; otherwise the program will show an error message and ask the user for the interest rate again)

Investment length - number of weeks that the user will invest the money (it needs to be a positive number and different from zero; otherwise the program will show an error message and ask the number of weeks again)

The program is then expected to display:

a table with details of the investment at four week intervals for the length of the investment. For the purposes of this assignment you will assume that interest is only applied at the end of a complete four week period, see the example below.


Related Discussions:- Investment value and rate

The maximum capital cost allowance claim, During the current year, Denos Co...

During the current year, Denos Corporation incurred costs of $45,000 for leasehold improvements to its newly rented building. The lease was signed in the current year for an initia

Calculate fiduciary income, Jack Green established the Jackson Trust by a g...

Jack Green established the Jackson Trust by a gift in 1999. The trust instrument requires that the trustee (Fifth-Fourth Bank) distribute all of the trust income at least annually

Tax liability calculation, Tax Liability Calculation Morgan (age 45) is sin...

Tax Liability Calculation Morgan (age 45) is single and provides more than 50% of the support of Rosalyn (a family friend), Flo (a niece, age 18), and Jerold (a nephew, age 18). Bo

Taxation, Alec Smart is 59 years of age and is planning for his retirement....

Alec Smart is 59 years of age and is planning for his retirement. Following a visit to his financial adviser in March of the current tax year, Alec wants to contribute funds to his

Corporate Taxation, A owns all of the stock of X. The stock’s basis is $2,...

A owns all of the stock of X. The stock’s basis is $2,300. X has a total of current earnings and profits of $1,500 but accumulated earnings and profits of negative $500 (i.e., an

Prepare a state tax return, David builds and maintains web applications for...

David builds and maintains web applications for a number of clients. He does a majority of his work from his home office, but he frequently drives to the client site to meet with h

Deferred tax, Loren z Limited is a lorry  manufacturer. On 1 January 2011, ...

Loren z Limited is a lorry  manufacturer. On 1 January 2011, the company entered into an operating lease (as a lessee) over a company systems. Details of the annual lease rentals,

Briefly describe motivations for leasing, After calculating a positive NPV,...

After calculating a positive NPV, Renew Inc. has decided to undertake a four-year project to manufacture guardrails from recycled plastic. The project requires a $250,000 machine t

Tax questions, 1.   Don and Harvey began operations as a partnership on Oct...

1.   Don and Harvey began operations as a partnership on October 3, 2010. The company spent $60,500 on organization costs that year. How much can the company deduct in 2010 relatin

What are the tax status of the property, Miguel receives tangible personal ...

Miguel receives tangible personal property as an inheritance in 2011. The property was depreciated by the deceased (Miguel's father), and Miguel will also depreciate it. At the dat

Write Your Message!

Captcha
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