hey guys I have a hard time finding out how to create a function to run in a program that I'm supposed to do.
In the middle of this page is a formula for calculating the amount I’d have in the bank after t years if I invested an amount P at an annual interest rate of r, and the interest is compounded n times per year. Write a function called interest which calculates the interest I’ve earned after m months. The function should accept 4 arguments: the principal amount P, the annual interest rate r, the number of times interest is compounded each year n, and the number of months m that the money has been in thebank. The output of the function should be the interest earned. Then write a program which does the following. The user should enter an initial investment P and an annual rate r. The program should then generate a table giving the interest after 3 months, 6 months, 9 months, and 12 months for interest compound annually, monthly,
and daily (assume 365 days/year). You must use the function interest in your program. The name of this program must be IntTable.c
Important Note: The interest earned is not equal to A! A is the total amount in the bank, the interest earned is the final amount minus the initial amount.
A = P * ( 1 + r/n ) ^(nt)
where,
P = principal amount (initial investment)
r = annual interest rate (as a decimal)
n = number of times the interest is compounded per year
t = number of years
A = amount after time t
Example output for Part A:
% a.out
Enter your initial investment P: 2500.00
Enter the annual interest rate r: 0.04
Interest earned for different compounding schemes is as follows:
Investment Time Annually Monthly Daily
3 months 24.63 25.08 25.12
6 months 49.51 50.42 50.50
9 months 74.63 76.01 76.13
12 months 100.00 101.85 102.02
%
so far i only have the headings: Investment Time, Annually, Monthly, Daily,
and 3 months, 6 months, 9 months, 12 months set correctly.
I'm having lots of trouble creating function and I don't know how to make int main() receive the values I need. Here's what I have:
Code:
#include <stdio.h>
#include <math.h>
int interest( float y );
/* function main begins program execution */
int main()
{
float P;
float r;
int n;
float t;
int A;
printf( "\n enter your initial ivestment P: " );
scanf( "%.2f", &P );
printf( "enter the annual interest rate r: " );
scanf( "%.2f", &r );
printf( "\n%15s%10s%9s%8s\n", "Investment Time", "Annually", "Monthly", "Daily" );
printf( " 3 months\n" );
printf( " 6 months\n" );
printf( " 9 months\n" );
printf( " 12 months\n" );
for ( A == 1 ; A <= 4 ; A++ ) {
printf( "%20d ", interest ( A ) );
}
return 0;
}
int interest( float y )
{
int a;
int b;
int c;
int d;
int pow;
y = a * pow( 1 + b / c, c * d );
y -= a;
return y;
}
whenever i try to compile using gcc -lm IntTable.c I keep getting the error:
IntTable.c: In function `interest':
IntTable.c:54: error: "called object is not a function"
Can YOU help me please?