How do I develop an algorithm and program for computing the month-by-month balance in your savings account for 12 months? You can make one transaction – a deposit or a withdrawal - each month.  Interest is added to the account at the beginning of each month.  The monthly interest rate is the yearly percentage rate divided by 12. However, it's in Java Code with loop methods

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A: Hello student Greetings Hope you are doing great. Thank You!!!

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A: Program:

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