31 months is a long time. :) 4 months and 3 days from now we will be married and partying our tushies off. As for tonight, both of us are working on school.
C++ is going well. First real test is online and due by tomorrow. I just finished my latest program. The whole purpose for this program is to show that we can use functions, and it would be a lot shorter if we didn't have explicit instructions to use functions. :/
Please feel free to check it out and give feedback if you are so inclined...
/***********************************************************************
Description: This program shows how to use functions
***********************************************************************/
#include
#include
//#include
using namespace std;
// Function declarations
double findInt(double interestRate, int yearPayments);
double loanAmaountCalc(double i, double exp, double periodicPayment);
double monthlyPaymentCalc(double i, double exp, double periodicPayment);
void main()
{
double salary;
double interestRate;
int loanLength = -30;
int yearPayments = 12;
double periodicPayment = 0;
// Get gross salary and interest rate from user
cout << "Please enter your yearly gross salary: ";
cin >> salary;
cout << "Please enter an interest rate: ";
cin >> interestRate;
// Convert interest rate to decimal
interestRate = interestRate * 0.01;
// Determine periodicPayment
periodicPayment = ((salary / 12) * .3);
// Calculate "exp" for later use
double exp = -(yearPayments * loanLength);
// Call function to calculate "i" for later use
double i = findInt(interestRate, yearPayments);
// Call function to calculate the monthly payment
double monthlypayment = monthlyPaymentCalc(i, exp, periodicPayment);
// Call function to calculate the loan amount
double loanAmount = loanAmaountCalc(i, exp, periodicPayment);
// Set precision to two decimals
cout.precision(2);
cout << fixed << showpoint;
// Output to screen desired results
cout << "The target (30% of monthly salary) monthly payment range is: $" << (periodicPayment - 10)
<< " - \n$" << periodicPayment << endl;
cout << "Your max target house price is: $" << loanAmount << endl;
cout << "with a monthly payment of: $" << monthlypayment << endl;
system("pause");
}
// Function for calculating "i"
double findInt(double interestRate, int yearPayments)
{
double i = 0;
i = interestRate / yearPayments;
return i;
}
// Function for calculating loanAmount
double loanAmaountCalc(double i, double exp, double periodicPayment)
{
double loanAmount = 0;
double monthlyPayment = 0;
while (periodicPayment > monthlyPayment && monthlyPayment < (periodicPayment - 10))
{
loanAmount += 1000;
monthlyPayment = (loanAmount * i / (1 - pow((1 + i),-(exp))));
}
return loanAmount;
}
// Function for finding monthlyPayment
double monthlyPaymentCalc(double i, double exp, double periodicPayment)
{
double loanAmount = 0;
double monthlyPayment = 0;
while (periodicPayment > monthlyPayment && monthlyPayment < (periodicPayment - 10))
{
loanAmount += 1000;
monthlyPayment = (loanAmount * i / (1 - pow((1 + i),-(exp))));
}
return monthlyPayment;
}