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Compare Compound Interest: Repeat problem 6.1b but compute and display the balances for interest compounded annually and for interest compounded monthly for 10 years. Display

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Compare Compound Interest: Repeat problem 6.1b but compute and display the balances for interest compounded annually and for interest compounded monthly for 10 years. Display the yearending balance for both methods for each year.

need help with this in visual studio using Visual Basic coding not Visual C# and have error traps and try catches includedimage text in transcribed

COMPOUND ANNUALLY COMPOUND MONTHLY Amount: 1000 YEAR 1 $2, 000.00 , 613.04 2 4,000.00 , 827.95 3 $8, 000.00 $17,841.68 4 $16,000.00 $46, 620.95 5 32,000.00 121, 822.18 6 64,000.00 318,325.66 7 $128,000.00 4831,79.19 8 $256,000.0042,173, 512.79 9 $512,000.0045, 679,465.63 1041,024,000.0014,840, 644 nterest rate: Annual Display Growth of Money Compare Annual and Monthly Compound I...- Annual Rate must be a number between .01 and 1 Monthly rate-Annual Rate 12 Hint: use inner loop to compound 12 times each year Display each balance each year for 10 years Amount: 1000 Interest rate: [Annual] Display Growth of Money COMPOUND ANNUALLY COMPOUND MONTHLY Amount: 1000 YEAR 1 $2, 000.00 , 613.04 2 4,000.00 , 827.95 3 $8, 000.00 $17,841.68 4 $16,000.00 $46, 620.95 5 32,000.00 121, 822.18 6 64,000.00 318,325.66 7 $128,000.00 4831,79.19 8 $256,000.0042,173, 512.79 9 $512,000.0045, 679,465.63 1041,024,000.0014,840, 644 nterest rate: Annual Display Growth of Money Compare Annual and Monthly Compound I...- Annual Rate must be a number between .01 and 1 Monthly rate-Annual Rate 12 Hint: use inner loop to compound 12 times each year Display each balance each year for 10 years Amount: 1000 Interest rate: [Annual] Display Growth of Money

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