/** * Calculates and returns an end of year balance for giv
/** * Calculates and returns an end of year balance for given… /*** Calculates and returns an end of year balance for given number of years** @param initialInvestment dollar amount of initial investment* @param interestRate percentage of investment earned each year (annually), so a passed value of 3.5 is a rate of .035* @param numberOfYears number of years to calculate balance for** @return the final calculated end of year balance*/double calculateBalanceWithoutMonthlyDeposit(double initialInvestment, double interestRate, int numberOfYears) { // you may wish to change this function when you bring it into your program // for now please get it to work here as specified // IMPORTANT TIPS: // You should assume a working printDetails(int yearIndex, double balance, double interestEarnedThisYear) exists // printDetails should be called after each year // Compounding should be done monthly // Make sure to keep values to at least 2 decimal places // Make sure to divide the interest rate by 100 and by 12 // Year begins with 1, not 0 /* Example:for 100 initial, 10% interest, and 4 years Year Year End Balance Interest Earned 1 $110.47 $10.47 2 $122.04 $11.57 3 $134.82 $12.78 4 $148.94 $14.12 */ // TODO: your code here to implement the method // return the final balance}Image transcription textPreview File Edit View Go Tools Window Help 69% Mon 4:27 PM Project 2 Banking app .pdf (1 page) Q. SearchGRANDMAS_ BOY Annual Interest: nts Number of Years: Screen Sho 2022…46 PM Press any key to continue…Sample Display: Input Values Initial Investment Amount: $1.00 Monthly Deposit: $50.00 Annual Int… Show more… Show more Computer Science Engineering & Technology C++ Programming CS 210
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