*6.7 (Financial application: compute the future investment value) Write a function that computes future investment value at a given interest rate for a specified number of years. The future investment is determined using the formula in Programming Exercise 2.23. Use the following function header: double futureInvestmentValue( double investmentAmount, double monthlyInterestRate, int years) For example, futureInvestmentValue(10000, 0.05/12, 5) returns 12833. 59. Write a test program that prompts the user to enter the investment amount (e.g. 1000) and the interest rate (e.g., 9%) and prints a table that displays future value for the years from 1 to 30, as shown below:
*6.7 (Financial application: compute the future investment value) Write a function that computes future investment value at a given interest rate for a specified number of years. The future investment is determined using the formula in Programming Exercise 2.23. Use the following function header: double futureInvestmentValue( double investmentAmount, double monthlyInterestRate, int years) For example, futureInvestmentValue(10000, 0.05/12, 5) returns 12833. 59. Write a test program that prompts the user to enter the investment amount (e.g. 1000) and the interest rate (e.g., 9%) and prints a table that displays future value for the years from 1 to 30, as shown below:
Computer Networking: A Top-Down Approach (7th Edition)
7th Edition
ISBN:9780133594140
Author:James Kurose, Keith Ross
Publisher:James Kurose, Keith Ross
Chapter1: Computer Networks And The Internet
Section: Chapter Questions
Problem R1RQ: What is the difference between a host and an end system? List several different types of end...
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Transcribed Image Text:*6.7 (Financial application: compute the future investment value) Write a function that
computes future investment value at a given interest rate for a specified number
of years. The future investment is determined using the formula in Programming
Exercise 2.23.
Use the following function header:
double futureInvestmentValue(
double investmentAmount, double monthlyInterestRate, int years)
Forexample, futureInvestmentValue(10000, 0.05/12, 5) returns 12833. 59.
Write a test program that prompts the user to enter the investment amount (e.g.,
1000) and the interest rate (e.g. 9%) and prints a table that displays future value
for the years from 1 to 30, as shown below:
The amount invested: 1000 iter
Annual interest rate: 9 r
Years Future Value
1
1093.80
2
1196.41
29
13467.25
30
14730.57
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