Design A Flowchart And Pseudocode For Insurance Subscription

Design Aflowchart And Pseudocodefor Insurance Subscription Plan Al

Design a flowchart and pseudocode for insurance subscription plan. Allow user to enter number of years and the plan price. Assume that the user earns four percent discount every year. Program output is a schedule that lists each year number in insurance subscription plan starting with year 0 and the user’s savings at the start of that year.

Example: user entered 3 years insurance subscription for 120 KD plan. The program should output: Year number 0 the discount percentage is 0% and the discount amount is 0KD Year number 1 the discount percentage is 4% and the discount amount is 4.8KD Year number 2 the discount percentage is 8% and the discount amount is 9.6KD Year number 3 the discount percentage is 12% and the discount amount is 14.4KD

Paper For Above instruction

The task involves designing a flowchart and pseudocode to simulate an insurance subscription plan that provides a cumulative discount based on the number of years and the plan price. The primary goal is to generate a schedule displaying year-by-year savings, beginning from year 0 through the number of years specified by the user. The program considers a 4% discount increase each subsequent year, compounding annually, and calculates the discount amount based on the current discount percentage applied to the plan price.

Introduction

Insurance plans often offer discounts to incentivize long-term commitments. In the given scenario, the discount annually increases by 4%, starting from 0%. The goal is to create a logical flow that helps users understand how their savings accumulate over the years with compound discounting. The program should be designed with clear pseudocode steps, complemented by a flowchart illustrating the process, which will guide implementation in any programming language.

Designing the Pseudocode

The pseudocode begins with capturing user inputs: the number of years of subscription and the plan price. It then initializes the discount percentage at zero. A loop iterates through each year, calculating the current year's discount percentage, the discount amount, and the savings at the start of each year. These values are then displayed to the user. The discount percentage increases by 4% each year, and the discount amount is calculated as:

Discount Amount = Plan Price × Discount Percentage

This process repeats until all years are covered, providing a clear schedule of savings over time.

Sample Pseudocode

START


PROMPT user for number of years (n)


PROMPT user for plan price (price)


SET discount_percentage = 0


FOR year FROM 0 TO n


IF year == 0 THEN


SET discount_percentage = 0


ELSE


INCREASE discount_percentage BY 4


ENDIF


CALCULATE discount_amount = (price × discount_percentage) / 100


DISPLAY "Year number", year, "the discount percentage is", discount_percentage, "% and the discount amount is", discount_amount, "KD"


ENDFOR


END

Flowchart Overview

The flowchart begins with the Start node, followed by input nodes for the number of years and plan price. Initialization of the discount percentage to zero leads into a loop that iterates from year 0 to the last year. Inside the loop, the program calculates and outputs the current year's discount percentage and discount amount, then increments the discount percentage by 4%. After the loop terminates, the process ends. This visual representation guides developers in implementing the pseudocode practically and understanding the process flow.

Conclusion

Designing a flowchart and pseudocode for an insurance subscription plan that increases discounts annually provides a structured approach to understanding compound savings. Such models assist in transparent communication with customers about potential savings and foster computational clarity for developers implementing related systems. This approach ensures accurate calculations and enhances user comprehension of their cumulative benefits over multiple years.

References

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