Question
Create a New Project called YourLastNameCalculateInterest . If you know the balance and the annual percentage interest rate, you can compute the interest on the
Create a New Project calledYourLastNameCalculateInterest.
If you know the balance and the annual percentage interest rate, you can compute the interest on the next monthly payment using the following formula:
interest = balance X (annualInterestRate / 1200)
Write a program that reads the balance and the annual percentage interest rate and displays the interest for the next month in two versions:
Usedialog boxesto obtain input from the user and display output;
Use theconsoleto obtain input from the user and display output.
Be sure to provide clear prompts to the user, so that input is entered correctly.
Sample Data:
Balance = 100000 Annual Interest Rate = 4.625 Interest = 385.41
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