(Latest Revision: Tue Mar 13 20:33:53 PDT 2012 )
typescript
payout.script
john@lucifer: a.out
This program will determine how many times one can
withdraw P dollars from an account earning interest rate
R, assuming the initial value of the account is S dollars.
You will be prompted to enter S, P, and R, (in that
order). and then the number of monthly payments possible
will be calculated and written to the screen.
You must now enter the amount of the initial principal
sum, S, in the account, in decimal form (for example:
257823.21). Do *not* include any commas.)
Enter S, the amount of the initial principal sum here ==> S = 257823.21
You must now enter the amount of the monthly payment P in
decimal form (for example: 1554.55). Do *not*
include a dollar sign ($). Do *not* include any
commas.
Enter P, the amount of the monthly payment here ==> P = 1554.55
Now you must enter the annual interest rate in
decimal form (for example: 4.125). Do *not*
include a percent sign (%). Do *not* include any
commas.
Enter R, the annual interest rate here ==> R = 4.125
Here is your answer:
$257823.21
will run out after approximately
246
months, assuming that an annual interest of
4.125%
is earned, compounded monthly, and a monthly payment of
$1554.55
is withdrawn immediately after each interest payment.
john@lucifer: a.out
This program will determine how many times one can
withdraw P dollars from an account earning interest rate
R, assuming the initial value of the account is S dollars.
You will be prompted to enter S, P, and R, (in that
order). and then the number of monthly payments possible
will be calculated and written to the screen.
You must now enter the amount of the initial principal
sum, S, in the account, in decimal form (for example:
257823.21). Do *not* include any commas.)
Enter S, the amount of the initial principal sum here ==> S = 257823.21
You must now enter the amount of the monthly payment P in
decimal form (for example: 1554.55). Do *not*
include a dollar sign ($). Do *not* include any
commas.
Enter P, the amount of the monthly payment here ==> P = 1554.55
Now you must enter the annual interest rate in
decimal form (for example: 4.125). Do *not*
include a percent sign (%). Do *not* include any
commas.
Enter R, the annual interest rate here ==> R = 8.25
The money will never run out.
john@lucifer: