Question
IN JAVA...i need a program that will do the following and meet the specifivications. must work in jgrasp. Write a compound interest calculator. The compound
IN JAVA...i need a program that will do the following and meet the specifivications. must work in jgrasp.
Write a compound interest calculator. The compound interest formula is:
Where:
P = principal amount (the initial amount you borrow or deposit)
r = annual rate of interest (as a decimal)
t = number of years the amount is deposited or borrowed for.
A = amount of money accumulated after n years, including interest.
n = number of times the interest is compounded per year
Specifications:
The compound interest calculator should look similar to the one shown below. The total amount and the interest amount appear in response to clicking on the calculate button.
nt Asp(1 +,)" A=P(1 + )Step by Step Solution
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