Question
Write an application that calculates the amount of money earned on an investment. Prompt the user to enter an investment amount, the number of years
Write an application that calculates the amount of money earned on an investment.
Prompt the user to enter an investment amount, the number of years for the investment, and the interest rate.
Display an error message if the user enters 0 for any of these values; otherwise, display the total amount (balance) for each year of the investment.
Save the file as Investment.java.
Java Program
Specific instructions:
- Program must use 4 methods to accomplish the following:
- Prompt for and return the investment amount
- Prompt for and return the number of years
- Prompt for and return the interest rate
- Display the calculations
Your output must resemble the sample below. Notice the formatting of the dollar amounts. You need to display 2 decimal places for all amounts, even for those with whole dollar amounts.
Enter investment amount: 100
Enter number of years: 10
Enter interest rate
Your Investment at 5..0% is:
After year 1 $105.00
After year 2 $110.25
After year 3 $115.76
After year 4 $121.55
After year 5 $127.63
After year 6 $134.01
After year 7 $140.71
After year 8 $147.75
After year 9 $155.13
After year 10 $162.89
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