Question

Draw a flowchart and pseudocode for the Homestead Furniture Store that gets each of the following:

Sales transaction data, including an account number Customer name Purchase price Output the account number and name, then output the customer’s payment each month for the next 12 months. Assume that there is no finance charge, that the customer makes no new purchases, and that the customer pays off the balance with equal monthly payments.

Answer 1

Algorithm:

Function Main
Declare Integer acctnumber, i
Declare String customername
Declare Real price, EMI
  
Output "Enter Account Number"
Input acctnumber
Output "Enter Customer Name"
Input customername
Output "Enter purchase price"
Input price
  
... compute EMI as price/12
Assign EMI = price/12
Output "Account Number : "
Output acctnumber
Output "Customer Name: "
Output customername
For i = 1 to 12
Output "Payment for Month "
Output i
Output " : "
Output EMI
End
End

Flowchart: