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Design and implement a Java program for programming exercise 5.31, page 197, from the textbook (name it ComputeCDValue). Document the code and follow the output
Design and implement a Java program for programming exercise 5.31, page 197, from the textbook (name it ComputeCDValue). Document the code and follow the output model shown in the sample run in the textbook.
*5.3 (Financial application: compute CD value Suppose you put $10,000 into a CD with an annual percentage yield of 5.75%. After one month, the CD is worth 10000 + 10000 * 5.75 / 1200 10047.92 After two months, the CD is worth 10047.91 + 10047.91 * 5.75 / 1200 = 10096.06 After three months, the CD is worth 10096.06 + 10096.06 * 5.75 / 1200 = 10144.44 and so on. Write a program that prompts the user to enter an amount (c.g, 10000), the annual percentage yield (e.g., 5.75), and the number of months (e.g, 18) and displays a table as shown in the sample runStep by Step Solution
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