C++ code that calculates compound interests. (Exercise from Deitel & Deitel)

ex05_11.cpp

#include <iostream>
#include <iomanip>
using namespace std;

int main()
{
	for (int interest = 5; interest <=10; interest++)
	{
		double amount = 1000.00;

		cout << "Interest Rate: " << interest << "%" 
			 << "\nYear" << setw(21) << "Amount on deposit" << endl;

		cout << fixed << setprecision(2);

		for (int year = 1; year <= 10; year++)
		{
			amount *= ( 1 + (static_cast<double>(interest)/100) );
			cout << setw(4) << year << setw(21) << amount <<  endl;
		}

		cout << "\n" << endl;
	}
}