Answer:
// program in C++.
#include <iostream>
using namespace std;
// main function
int main() {
// variables
int y, count=1;
double s_amt;
// interest rate
const double rate = 0.08 ;
// ask to enter first year amount
cout << "Enter the first year's sale amount: ";
// read amount
cin >> s_amt;
// ask to enter years
cout << "Enter the number of years to project the goals: ";
// read years
cin >> y;
// find goal amount of each years
do{
// print year and goal for that year
cout <<"Goal for year "<<count<<" is "<<s_amt<<endl;
// increase the count
count +=1;
// find new Goal amount
s_amt += s_amt*rate;
} while(count <= y);
return 0;
}
Explanation:
Read the first years sale amount from user and assign it to variable "s_amt". Read the years from user and assign it to variable "y".Initialize interest rate "i=0.08".Then with the help of do while loop find goal amount of each year.
Output:
Enter the first year's sale amount: 25000
Enter the number of years to project the goals: 4
Goal for year 1 is 25000
Goal for year 2 is 27000
Goal for year 3 is 29160
Goal for year 4 is 31492.8
