Create a program that allows the user to enter a person's age (in years) and current salary. BothNext, you plan the algorithm and then desk-check it. Figure 8-15 shows the completed IPOalgorithm contains two loops. The outer loop keeps track of the three annual raise rates (3%, 4%,chart and desk-check table, which (for simplicity) uses an age of 62 and a salary of $25000. Thebefore retirement at age 65, using annual raise rates of 3%, 4%, and 5%. To calculatethen for the input. In this case, the program should display a person's total earningsin Figure 8-15. You begin by analyzing the problem, looking first for the output andIn this lab, you will plan and create an algorithm for the problem specification shownFrepure 8-15 Problem specification, IPO chart, and desk-check table for the retirement algorithm (continues)and 5%). The nested loop keeps track of the number of years until retirement.the amounts, the program will need to know the person's age and current salary.The Car Depreciation Program263LAB 8-2 Plan and CreateProblem specificationt items should be entered as integers. The program should display a person's total earningstore retirement at age 65, using annual raise rates of 3%, 4%, and 5%. Display the total earningamounts as integers.ProcessingProcessing items:raise rate (3%, 4%, 5%)years until retirementnew salaryyear (counter)Output molni sdo 0total earnings (at end ofeach of the years untilretirement)Inputage (1-64 years)Current salary10 Algorithm:10.0 YT 1. enter the age2. if (the age is less than 1 or greater than 64)display reenter messageelse10.0- 0enter current salarycalculate years until retirement = 65 - agerepeat for (each raise rate)assign current salary to new salaryassign current salary to total earningsrepeat for (year 2 to years until retirement) olnew salary = new salary * (1 + raise rate)add new salary to total earningsend repeatdisplay raise rate and total earningsend repeatend ifat this point, thecurrent salary isyear l's salaryWhatis8 folder.oject/Canent ager of rows.current salary62raise rateyears until retirement25000eCows.05.06

CODE: #include<bits/stdc++.h> using namespace std; int main() { int age; do {…

Problem specification Create a program that allows the user to enter a person's age (in years) and current salary. Both input items should be entered as integers. The program should display a person's total earnings before retirement at age 65, using annual raise rates of 3%, 4%, and 5%. Display the total earning bre amounts as integers.

Problem specification Create a program that allows the user to enter a person's age (in years) and current salary. Both input items should be entered as integers. The program should display a person's total earnings before retirement at age 65, using annual raise rates of 3%, 4%, and 5%. Display the total earning bre amounts as integers.

C++ Programming: From Problem Analysis to Program Design

8th Edition

ISBN:9781337102087

Author:D. S. Malik

Publisher:D. S. Malik

Chapter5: Control Structures Ii (repetition)

Section: Chapter Questions

Problem 21PE

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