Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

java language Write a program to compute future investment value at a given interest rate for a specified number of years. The future investment is

java language image text in transcribed
Write a program to compute future investment value at a given interest rate for a specified number of years. The future investment is determined using the following formula: futureinvetsmentValue = investmentAmount *(1 + MonthlyInterestRatejumofyears *12 Your program should enter a. Investment amount (read using GUI from keyboard) b. Annual interest rate and number of years from an input file ("in.dat") Output the future investment value a. To an output file ("out.dat") AND b. To a GUI output to the monitor. Hint: Use Math.pow(a,b) method to compute a raised to the power of b

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_step_2

Step: 3

blur-text-image_step3

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

More Books

Students also viewed these Databases questions

Question

7. How might you go about testing these assumptions?

Answered: 1 week ago