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loop, C/C++ Programming

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A company needs 200 pencils per year . you cannot simply use this price as the cost of pencils two years from now. Because of inflation the cost is likely to be higher than it is today write a program to estimate the expected cost of an item in a specified number of years. The program asks for the cost of the item, the number of years from now that the item will be purchased, and the rate inflation. The program then outputs the estimated cost of the item after the specified period. Have the user enter the inflation rate as a percentage, such as 5.6 (percent). Your program should then convert the percentage to a fraction. Such as 0.056, and should use a loop to estimate the price adjusted for inflation.

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