Write a program that reads in an investment amount, the annual interest rate, and the number of
Question:
futureInvestmentValue = investmentAmount * (1 + monthlyInterestRate)numberOfMonths
For example, if you enter the amount 1000, an annual interest rate of 4.25%, and the number of years as 1, the future investment value is 1043.33. Here is a sample run:
Enter investment amount: 1000
Enter annual interest rate: 4.25
Enter number of years: 1
Accumulated value is 1043.33
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: