Imagine You Are Developing an Algorithm to Calculate the Total

question 52

Multiple Choice

Imagine you are developing an algorithm to calculate the total cost of a purchase order that contains several items. The cost of each item and the tax rate is known. The standard shipping charge for the entire order is $4.95, and the special delivery charge is $19.95. In addition, there is no tax on the shipping cost. Which of the following is the correct pseudocode for the required algorithm?

• A) For each item on the purchase order:
• Order cost = order cost + item cost
• Total purchase order cost = order cost + tax rate + 4.95
• B) For each item on the purchase order:
• Order cost = order cost + item cost
• If standard shipping
• Shipping cost = 4.95
• Else
• Shipping cost = 19.95
• Total purchase order cost = order cost * tax rate + shipping cost
• C) If standard shipping
• Shipping cost = 4.95
• Else
• Shipping cost = 19.95
• For each item on the purchase order:
• Order cost = order cost + item cost + shipping cost
• Total purchase order cost = order cost * tax rate
• D) If special delivery
• Shipping cost = 4.95
• Else
• Shipping cost = 19.95
• For each item on the purchase order:
• Order cost = order cost + item cost
• Total purchase order cost = order cost * tax rate + shipping cost

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Definitions:

Thrift Institution

A financial organization that primarily accepts savings deposits and provides mortgage and loan services.

Commercial Bank

A financial institution that provides various services, including accepting deposits, lending money, and offering investment products to individuals and businesses.

Savings and Loan

A type of financial institution that specializes in accepting savings deposits and making mortgage and other loans.

Depository Institutions

Depository institutions are financial organizations, such as banks and credit unions, that accept deposits from individuals and provide loans.