HW 3 Problem Solution

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Write a program that inputs the starting balance, the amount deposited, the number of checks, and the total value of all of the checks, and computes the monthly service fee for a checking account according to the following schedule: – $15 if the balance at the start of the month is less than $400 –…

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5/5 – (2 votes)

Write a program that inputs the starting balance, the amount deposited, the number of checks, and the total value of all of the checks, and computes the monthly service fee for a checking account according to the following schedule:

– $15 if the balance at the start of the month is less than $400

– $15 if the balance at the end of the month is less than $400

– $25 if the average check value is more than $500

– $50 if the balance at the end of the month is negative

In addition, there is a per-check fee which is computed as follows:

– checks 1 – 19 in any given month cost $0.10 each

– checks 20 – 39 in any given month cost $0.08 each

– checks 40 – 59 in any given month cost $0.06 each

– additional checks cost $0.04 each

If the starting balance is negative, the program should exit with the statement that the account has been closed.

The program should be designed for clarity and testing — using carefully chosen variable names and displaying fees as they are incurred (along with the reason for the fee) will go most of the way to accomplishing this.

HW 3 Problem Solution
$30.00 $24.00