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    Help with credit card interest calculating program for C++(urgent!)?

    Could anyone please help me with some of the errors in this code? Here is the assignment:

    Complete programming project 6 on page 243.

    Read the description carefully, insure that you allow the user a choice to run the program or exit.

    The function prototype is:

    double interest (double initBalance, double rate, int months);

    Your initial output to the user should be something like this:

    Credit card interest
    Enter: initial balance, monthly interest rate as
    a decimal fraction, e.g. for 1.5% per month write 0.015
    and the number of months the bill has run.
    I will give you the interest that has accumulated.
    100 .1 2

    Interest accumulated = .00
    Y or y repeats, any other character quits
    y

    Credit card interest
    Enter: initial balance, monthly interest rate as
    a decimal fraction, e.g. for 1.5% per month write 0.015
    and months the bill has run.
    I will give you the interest that has accumulated.
    100 .1 3

    Interest accumulated = .10
    Y or y repeats, any other character quits
    n

    My code will come in the posts after this.

    //File Name: workshop4.zip
    //Author: Celest Guardian
    //Email Adress: cg26@students.uwf.edu
    //Workshop Number: 4
    //Description: A C++ program used to calculate the interest on a credit card balance.
    //Last Edited: October 10, 2008

    #include <iostream>
    using namespace std;

    double interest (double initBalance, double rate, int months);
    //Caluclates the interest accumulated from a credit card balance
    //from the intitial balance, interest rate, and number of months the user has had the loan.

    int main ( )
    {
    double initBalance, initAccumulated, rate;
    int months;
    char quit;

    {
    cout << "\nCredit card interest";
    cout << "\nEnter: initial balance, monthly interest rate as";
    cout << "\na decimal fraction, e.g. for 1.5% per month write 0.015";
    cout << "\nand the number of months the bill has run.";
    cout << "\nI will give you the interest that has accumulated.";

    cin >> initBalance; "\t";
    cin >> rate; "\t";
    cin >> months; "\t";

    initAccumulated = interest(initBalance, rate, months);

    cout.setf(ios::fixed);
    cout.setf(ios::showpoint);
    cout.precision(2);

    cout << "\nInterest accumulated = $" << initAccumulated;

    }

    return 0;
    }

    double interest (double initBalance, double rate, int months)
    {
    for (int i=0; i < months; i++)
    {
    double interest = initBalance * rate;

    double initBalance = initBalance + interest;
    }
    initAccumulated = initAccumulated + interest;
    return (initBalance);
    }
    Here is a the main error from the compiler:

    error: ‘initAccumulated’ was not declared in this scope

    I know I need to declare this but when I do it causes even more errors. Also, there is a logic error because the Accumulated interest is only equal to the value entered for the balance. :( Please help!
    Dear Charlie,

    *sigh* Because this much will get me an F. :( My teacher just assigned it so and it is due tonight. It is not going very well and I don’t know anyone to ask for help.
    Thanks, Mr. C but that one you have to pay for and this project is due at 11:30 central time so I really dout that I would be able to get help in time. :(


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