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Write a program that calculates the future value of an investment at a given interest rate for a specified number of years. The formula for
Write a program that calculates the future value of an investment at a given interest rate for a specified number of years. The formula for the calculation is as follows:
futureValue = investmentAmount * (1 + monthlyInterestRate)years*12
Use text fields for interest rate, investment amount, and years. Display the future amount in a text field when the user clicks the Calculate button, as shown in the future following figure.
Project: Investment-Value calculator Problem Description: Write a program that calculates the future value of an investment at a given interest rate for a specified number of years. The formula for the calculation is as follows: futureValue-investmentAmount1 monthlyInterestRate) years 12 Use text fields for interest rate, investment amount, and years. Display the future amount in a text field when the user clicks the Calculate button, as shown in the following figure Exerdse16 5 nvestment Amount Years Annual Interest Rate Future value 10000 3.25 11022.66 CalculateStep by Step Solution
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