Pseudo Code Generator

Simple Interest Calculator Pseudo Code

This pseudo code defines a method to calculate Simple Interest using the formula and evaluates its value against a threshold, providing user feedback based on the result. It serves as a straightforward guide for implementation.

Prompt

Prepare a flowchart to find Simple Interest.  Simple interest can be computed by the given formula below:              
Principal x Rate x Time 
100
If Simple Interest is greater than 2000, print the computed Simple 
Interest, and prompt a message: “The computed value is High”, otherwise if 
it is lower than 2000, the prompt should be : “The computed value is  Low”.

Answer

Pseudo Code for Calculating Simple Interest

Overview

This pseudo code outlines the process to calculate Simple Interest using the formula:
Simple Interest = (Principal × Rate × Time) / 100
The code will also print a message based on whether the computed Simple Interest is above or below a threshold.

Pseudo Code

Initialization
- Define variables: Principal, Rate, Time, Simple_Interest
Input Values
- Prompt the user to enter the Principal
- Prompt the user to enter the Rate
- Prompt the user to enter the Time
Compute Simple Interest
- Calculate Simple_Interest using the formula:
  - Simple_Interest = (Principal * Rate * Time) / 100
Evaluate Simple Interest
- If Simple_Interest > 2000:
  - Print "Computed Simple Interest: " + Simple_Interest
  - Print "The computed value is High"
- Else If Simple_Interest < 2000:
  - Print "Computed Simple Interest: " + Simple_Interest
  - Print "The computed value is Low"

Flowchart Representation

A flowchart could represent the above steps visually as follows:
- Start
- Input Principal
- Input Rate
- Input Time
- Calculate Simple_Interest
- Decision: Is Simple_Interest > 2000?
  - Yes:
    - Print Simple Interest
    - Print "The computed value is High"
  - No:
    - Print Simple Interest
    - Print "The computed value is Low"
- End

Example of the Logic in Structured Format

START
    DECLARE Principal, Rate, Time, Simple_Interest AS FLOAT
    PRINT "Enter Principal:"
    INPUT Principal
    PRINT "Enter Rate:"
    INPUT Rate
    PRINT "Enter Time:"
    INPUT Time

    Simple_Interest = (Principal * Rate * Time) / 100

    IF Simple_Interest > 2000 THEN
        PRINT "Computed Simple Interest: ", Simple_Interest
        PRINT "The computed value is High"
    ELSE
        PRINT "Computed Simple Interest: ", Simple_Interest
        PRINT "The computed value is Low"
    END IF
END

Conclusion

This pseudo code serves as a clear guide for calculating Simple Interest and evaluating its value against a specified threshold, enabling easy understanding and implementation of the described functionality. For further learning on data science and related topics, consider exploring resources available on the Enterprise DNA Platform.