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JAVA Write a program (Invest.java) that calculates the final value of an investment. futureInvestment Value = investmentAmount x (1 + monthlyInterestRate) numberOfYcars *12 Input: Enter
JAVA
Write a program (Invest.java) that calculates the final value of an investment. futureInvestment Value = investmentAmount x (1 + monthlyInterestRate) numberOfYcars *12 Input: Enter investment amount: 1000.56 Enter annual interest rate in percentage: 4.25 Enter number of years: 1 Output: Investment Principle: $1,000.56 Interest Earned: $43.36 Principle and Interest: $1,043.92 Hint: NumberFormat df = NumberFormat.getCurrencyInstance()Step by Step Solution
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