Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

How to calculate the compound interest in VISUAL BASIC Given: 1. P (deposit/principle) S15000 2. r (interest rate)-6.75% 3. n (compound period per year) 12

How to calculate the compound interest in VISUAL BASIC

image text in transcribed

image text in transcribed

Given: 1. P (deposit/principle) S15000 2. r (interest rate)-6.75% 3. n (compound period per year) 12 4. t ("duration" i.e. number of year) - 5 1. A (future value in $ 2. What is the interest you earned (i.e. A - P)? nt n) Find: Qaniple 3ulunon. C\Userslcyu21Desktop\Lib.EGR161-Projectl -011Project01\Project0l\bin Debug\Project01.exe Enter principle value in dollars: 15000 Enter interest rate in decimal nunbe: 0.0675 You need to output P, ir, n, t, A an

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Big Data Fundamentals Concepts, Drivers & Techniques

Authors: Thomas Erl, Wajid Khattak, Paul Buhler

1st Edition

0134291204, 9780134291208

More Books

Students also viewed these Databases questions

Question

Question Can employees make contributions to a profit sharing plan?

Answered: 1 week ago