Write a program that calculates the future value of an investment at a given interest rate for
Question:
Write a program that calculates the future value of an investment at a given interest rate for a specified number of years. The formula for the calculation is:
futureValue = investmentAmount * (1 + monthlyInterestRate)years*12
Use text fields for the investment amount, number of years, and annual interest rate. Display the future amount in a text field when the user clicks the Calculate button, as shown in Figure 15.25b.
Future value (FV) is the value of a current asset at a future date based on an assumed rate of growth. The future value (FV) is important to investors and financial planners as they use it to estimate how much an investment made today will be worth...
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Output This class is responsible to show Investment ...View the full answer
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Amit Choudhary
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Related Book For 
Introduction to Java Programming, Comprehensive Version
ISBN: 978-0133761313
10th Edition
Authors: Y. Daniel Liang
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