Write a program that reads in investment amount, annual interest rate, and number of years, and displays
Question:
Write a program that reads in investment amount, annual interest rate, and number of years, and displays the future investment value using the following formula:
futureInvestmentValue =
investmentAmount × (1 + monthlyInterestRate)numberOfYears*12
For example, if you enter amount 1000, annual interest rate 3.25%, and number of years 1, the future investment value is 1032.98.
Here is a sample run:
Enter investment amount: 1000.56
Enter annual interest rate in percentage: 4.25
Enter number of years: 1
Accumulated value is $1043.92
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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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