Which statement about this code snippet is accurate?
Int years = 50;
Double balance = 10000;
Double targetBalance = 20000;
Double rate = 3;
For (int i = 1; i <= years; i++)
{
If (balance >= targetBalance)
{
I = years + 1;
}
Else
{
Double interest = balance * rate / 100;
Balance = balance + interest;
}
}
A) The loop will run 50 times.
B) The loop will never stop.
C) The loop will run at most 50 times, but may stop earlier when balance exceeds or equals targetBalance.
D) There is a compilation error.
Correct Answer:
Verified
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