Need help completing Javascript and Jquery Short 3-1. Future Value Application var futureValue; // get user entries var investment = prompt(Enter investment amount as xxxxx.xx,

Need help completing Javascript and Jquery Short 3-1.

Thanks for using the Future Value application.

Short 3-1 Enhance the Future Value application In this exercise, you'll make a quick enhancement that shows not only the future value when interest is compounded yearly, but also when it's compounded monthly As a result, the display in the browser should look like this: Future Value with Yearly Interest Investment amount = 10000 Interest rate = 7.5 Years = 10 Future Value is 20610 Future Value with Monthly Interest Investment amount = 10000 Interest rate = 7.5 Years = 10 Future Value is 21120 Thanks for using the Future Value application Estimated time: 15 to 20 minutes. 1. Open the starter file attached to the assignment in Coursework. 2. Run the application, review its code, note that it is just like the one in the book, and note that the interest is calculated each year. 3. Add the code for calculating the future value when interest is calculated each month. Then, add the code for the displaying the results, as shown above. Here is the formula for calculating monthly interest (which must be included within a loop that executes based on the total number of months. future Value Monthly futureValue Monthly (tutureValue Monthly rate/12/100); C