In JAVA.Any and all help is appreciated, please also show the results with your code. Please see the attached image. **15.5 (Create an investment-value calculator)** This exercise involves writing a program to calculate the future value of an investment at a given interest rate over a specified number of years. The program should use the following formula for the calculation:\[ \text{futureValue} = \text{investmentAmount} \times (1 + \text{monthlyInterestRate})^{\text{years} \times 12} \]- **Text fields**: The program includes input fields for: - Investment Amount - Number of Years - Annual Interest Rate- **Calculate Button**: Upon clicking the 'Calculate' button, the program computes the future value of the investment and displays it in a text field.- **Example Interface**: - Investment Amount: 10000 - Number of Years: 4 - Annual Interest Rate: 3.25% - Future Value calculated: $11,386.28This example demonstrates the calculation by showing the predicted future value when the user inputs the data and clicks 'Calculate'. This is illustrated in the interface shown in the image.

Exercise15_05 Imvestment Amount: 10000 Number of Years: 4 Annual Interest Rate: 3.25 Future value: $11386.28 Calaulate *15.5 (Create an investment-value calculator) Write a program that calculates the future value of an investment at a given interest rate for a specified number of years. The formula

Exercise15_05 Imvestment Amount: 10000 Number of Years: 4 Annual Interest Rate: 3.25 Future value: $11386.28 Calaulate *15.5 (Create an investment-value calculator) Write a program that calculates the future value of an investment at a given interest rate for a specified number of years. The formula

Database System Concepts

7th Edition

ISBN:9780078022159

Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan

Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan

Chapter1: Introduction

Section: Chapter Questions

Problem 1PE

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Question

In JAVA.

Any and all help is appreciated, please also show the results with your code. Please see the attached image.

**15.5 (Create an investment-value calculator)**

This exercise involves writing a program to calculate the future value of an investment at a given interest rate over a specified number of years. The program should use the following formula for the calculation:

\[ \text{futureValue} = \text{investmentAmount} \times (1 + \text{monthlyInterestRate})^{\text{years} \times 12} \]

- **Text fields**: The program includes input fields for:
- Investment Amount
- Number of Years
- Annual Interest Rate

- **Calculate Button**: Upon clicking the 'Calculate' button, the program computes the future value of the investment and displays it in a text field.

- **Example Interface**:
- Investment Amount: 10000
- Number of Years: 4
- Annual Interest Rate: 3.25%
- Future Value calculated: $11,386.28

This example demonstrates the calculation by showing the predicted future value when the user inputs the data and clicks 'Calculate'. This is illustrated in the interface shown in the image.

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