# programming and visual basic

posted by .

These are two different types of questions, these are not the same questions

The Some interest Credit Company provides loans to customers at 1.5 percent interest per month. Design an application that gets customer account data that includes an account number, customer name, and balance due. For each customer, display the account number and name; then display the customer's projected balance each month for the next 10 months. Assume that when the balance reaches \$10 or less, the customer can pay off the account. At the beginning of every month, 1.5 percent interest is added to the balance, and then the customer makes a payment equal to 5 percent of the current balance. Assume the customer makes no new purchases.

Write a VISUAL BASIC program to accept numeral values of any unit, sum up the total, calculate the average, and then Output the result with a proper unit.
Requirements for processing:
(1) Tell user the purpose of the program
(2) Tell user how to stop entering data and calculate result
(3) Tell user enter the unit (such as mile, meter, pound, etc)
(4) then start a loop sequence by telling user enter value
(5) Display an end of program message

These questions relate to Programming and Design textbook

• programming and visual basic -

start
num accountNum
num balanceDue
num month
num paymentAmt
string custName
num PAY_RATE = 0.10
get accountNum, custName, balanceDue
while not eof
print accountNum, custName
month = 1
paymentAmt = balanceDue * PAY_RATE
while month <= 10
balanceDue = balanceDue – paymentAmt
print month, balanceDue
month = month + 1
endwhile
get accountNum, custName, balanceDue
endwhile
stop

• programming and visual basic -

If i'm not mistaken does the PAY_RATE must be equal to 0.15 rather than 0.10? I don't really understand, can you explain those?

## Similar Questions

1. ### Finance

A bank offers your firm a revolving credit arrangement for up to \$85 million at an interest rate of 2.5 percent per quarter. The bank also requires you to maintain a compensating balance of 4 percent against the unused portion of the …
2. ### eco

Suppose a person pays \$80 of annual interest on a loan that has a 5 percent annual interest rate. The loan amount is: A. \$400. B. \$1,600. C. \$160. D. \$85. 10. Suppose a loan customer is considering two alternative \$22,000 loans. Loan …
3. ### Marketing

Net-4-You is an internet service provider that charges its 1 million customers \$19.95 per month for its service. The company's variable cost are \$0.50 per customer per month. In addition, the company spends \$0.50 per month per customer, …
4. ### Program logic design

• Assignment 1: Chocolate Delights Candy Company, Part 1 Due Week 5 and worth 210 points Chocolate Delights Candy Company manufactures several types of candy. Design a flowchart using Visual Logic for the following: 1. A program …
5. ### social studies

The Some Interest Credit Company provides loans to customers at 1.5 percent interest per month. Design an application that gets customer account data that includes an account number, customer name, and balance due. For each customer, …
6. ### programming logic

The No Interest Credit Company provides zero-interest loans to customers. (It makes a profi t by selling advertising space in its monthly statements and selling its customer lists.) Design an application that gets customer account …
7. ### computer programming

Paying Off Credit Card Debt Each month, a credit card statement will come with the option for you to pay a minimum amount of your charge, usually 2% of the balance due. However, the credit card company earns money by charging interest …
8. ### computers

Th e No Interest Credit Company provides zero-interest loans to customers. Design an application that gets customer account data, including an account number, customer name, and balance due. Output the account number and name, then …
9. ### IT

The No Interest Credit Company provides zero-interest loans to customers. Design an application that gets customer account data, including an account number, customer name, and balance due. Output the account number and name, then …
10. ### VISUAL BASIC PROGRAMMING

3. WRITE A VISUAL BASIC PROGRAM TO CALCULATE THE SIMPLE INTEREST ON A LOAN AMONUT OF 50000 GHANA CEDIS AT AN INTEREST RATE OF 30% FOR A NUMBER OF YEARS WHICH WILL BE SPECIFIED BY THE USER.

More Similar Questions