Write a Program in C++ That Compound Interest Calculations With For

// Compound interest calculations with for.
#include <iostream>
#include <iomanip>
#include <cmath> // standard math library
using namespace std;

int main()
{
   double amount; // amount on deposit at end of each year
   double principal = 1000.0; // initial amount before interest
   double rate = .05; // annual interest rate

   // display headers
   cout << "Year" << setw( 21 ) << "Amount on deposit" << endl;

   // set floating-point number format
   cout << fixed << setprecision( 2 );

   // calculate amount on deposit for each of ten years
   for ( unsigned int year = 1; year <= 10; ++year ) 
   {
      // calculate new amount for specified year
      amount = principal * pow( 1.0 + rate, year );

      // display the year and the amount
      cout << setw( 4 ) << year << setw( 21 ) << amount << endl;
   } // end for 
} // end main

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