Solution Manual For Intro To Java Programming Comp Version 10 e 10th Edition 0133813460
Solution Manual For Intro To Java Programming Comp Version 10 e 10th Edition 0133813460
Problem Description:
Write a program that reads in investment amount, annual interest rate, and number of
years, and displays the future investment value using the following formula:
and displays the future investment value using the following formula:
futureInvestmentValue =
investmentAmount * (1 + monthlyInterestRate)numberOfYears*12
For example, if you enter amount 1000, annual interest rate 3.25%, and number of years
1, the future investment value is 1032.98.
Sample 1:
Enter investment amount: 1000
Enter annual interest rate: 4.25
Enter number of years: 1
Accumulated value is 1043.34
Sample 2:
Enter investment amount: 1000
Enter annual interest rate: 4.25
Enter number of years: 1
Accumulated value is 1043.34
Analysis:
1
(Describe the problem including input and output in your own words.)
2
Design:
(Describe the major steps for solving the problem.)
Coding: (Copy and Paste Source Code here. Format your code using Courier 10pts)
1. Print this Word file and Submit to me before the class on the due day
2. Compile, Run, and Submit to LiveLab as Exercise02_17 (you must submit the program
regardless whether it complete or incomplete, correct or incorrect)
3
Code Solution:
double futureValue =
investmentAmount * Math.pow(1 + monthlyInterestRate,
numOfYears * 12);