Question

A transaction record consists of the date, time and the value of the transaction. Each transaction record is stored on three consecutive lines with the date in the first, the time in the second, and the value (i.e. dollar amount) in the third. Develop an algorithm in the form of a Raptor flowchart to compute and display the total value of the transactions that were completed at 15:00:00. In addition, display the dates of these transactions, i.e. those completed at 15:00:00. Note that transaction times are recorded in 24-hour time format.

Answer 1

A Raptor flowchart algorithm would initialize a total value variable, loop through each transaction record, check for the 15:00:00 time stamp, sum the values of matching transactions, and output the total value and dates of these transactions.

Step-by-step explanation:

To create an algorithm in the form of a Raptor flowchart that computes and displays the total value of transactions completed at 15:00:00, as well as the dates of these transactions, you would follow these steps: Begin by initializing a variable to hold the total value of transactions (e.g., total Value) and set it to zero. Create a loop that reads each record (set of three lines) consisting of the date, time, and value from a data source, such as a file or a collection of inputs.

Within the loop, check if the time read from the second line of the record is equal to 15:00:00. If it is, add the value from the third line to the total Value variable and output the date from the first line. Continue this process until all records have been processed. After exiting the loop, display the total Value variable to show the cumulative value of all transactions at 15:00:00. This flowchart will effectively filter out and sum the values of transactions completed at 15:00:00, as well as display the corresponding dates of those transactions.