Write and run a C program that calculates and displays the amount of money available in a bank account that initially has $1000 deposited in it and earns 8 percent interest a year. Your program should display the amount available at the end of each year for a period of 10 years. Use the relationship that the money available at the end of each year equals the amount of money in the account at the start of the year plus .08 times the amount available at the start of the year.
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View Code? Open in Web Editor NEWWrite and run a C program that calculates and displays the amount of money available in a bank account that initially has $1000 deposited in it and earns 8 percent interest a year. Your program should display the amount available at the end of each year for a period of 10 years. Use the relationship that the money available at the end of each year equals the amount of money in the account at the start of the year plus .08 times the amount available at the start of the year.