Introduction to Programming Using Visual Basic (10th Edition) 4.4 29#

Investment If $10,000 is invested at an annual interest r compounded n times per year, then the amount of the investment after 5 years will be 10000 1 Some possible values for r are.02,.025, and.03. Some possible values for n are 1, 2, and 4. Write a program that allows the user to select interest rates and compounding periods from list boxes and calculates the amount after 5 years. See Fig. 4.62 investment Invest $10.000 Interest Compounding rate semi-annually Calculate 3% 3.5% 4% Amount After 5 Years | monthly Amount after 5 yeare $11 327 0 FIGURE 4.62 Possible outcome of Exercise 29