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Today in class we learned how to solve the following, please create this and turn it in via visual studio 2019 software: Suppose you depoisted
Today in class we learned how to solve the following, please create this and turn it in via visual studio 2019 software:
Suppose you depoisted $10000 into a annuity account that pays 3.6% interest compounded monthly, and then you withdrew $600 at the end of every month. The monthly interest rate will be 0.036/12=0.003%
The balance in the account at the end of each month will be: [balance] = 1.003 x [balance] -600
Create a program that will compute after how many months will the balance become less than $600, how much money will be in the account at that given time. Final format should follow picture:
Visual Basic
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