Switch case Statement
A switch statement is used when there is requirement to check multiple condition in a program. It provides an easy way to branch to different parts of the code in program based on the value of an expression. It is a substitute for the large series of else if statements.
Using the switch statement, write a menu driven program to calculate the maturity amount of a Bank Deposit.
The user is given the following options:
i. Term Deposit
ii. Recurring Deposit
For option (i) accept principal(P), rate of interest(r) and time period in years(n). Calculate and output the maturity amount(A) receivable using the formula
For option (ii) accept Monthly Instalment (P), rate of interest(r) and time period in months(n). Calculate and output the maturity amount(A) receivable using the formula
For an incorrect option, an appropriate error message should be displayed.