Q [An Introduction to Programming using Visual Basic Ed 11, Ch 6.2 Q# 26]- When $1,000 is invested at 5% simple interest, the amount grows by $50 each year. When money is invested at 5% interest compounded annually, the amount at the end of the year is 1.05 times the amount at the beginning of that year. Display the amounts for 9 years for a $1,000 investment at 5% simple and compound interest.    My Answer: Private Sub btnComputeGrowthMoney_Click(sender As Object, e As EventArgs) Handles btnComputeGrowthMoney.Click         'Display simple interest and compound interest from 1 to 9         Dim simple, compound, principal As Decimal         Dim rate As Double         Dim year As Integer         lstInterest.Items.Clear()         principal = 1000         rate = 0.05         simple = principal * (1 + rate * year)         compound = principal * (1 + rate) ^ year         For year = 1 To 9             lstInterest.Items.Add("YEAR" & " " & "SIMPLE INTEREST" & " " & "COMPOUND INTEREST")             lstInterest.Items.Add(year & " " & simple.ToString("N") & " " & compound.ToString("C"))         Next     End Sub   Error message after running the script Severity Code Description     Line Suppression State Error BC30456 'Items' is not a member of 'TextBox'.     9 Active

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
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Q [An Introduction to Programming using Visual Basic Ed 11, Ch 6.2 Q# 26]- When $1,000 is invested at 5% simple interest, the amount grows by $50 each year. When money is invested at 5% interest compounded annually, the amount at the end of the year is 1.05 times the amount at the beginning of that year. Display the amounts for 9 years for a $1,000 investment at 5% simple and compound interest. 

 

My Answer:

Private Sub btnComputeGrowthMoney_Click(sender As Object, e As EventArgs) Handles btnComputeGrowthMoney.Click

        'Display simple interest and compound interest from 1 to 9

        Dim simple, compound, principal As Decimal

        Dim rate As Double

        Dim year As Integer

        lstInterest.Items.Clear()

        principal = 1000

        rate = 0.05

        simple = principal * (1 + rate * year)

        compound = principal * (1 + rate) ^ year

        For year = 1 To 9

            lstInterest.Items.Add("YEAR" & " " & "SIMPLE INTEREST" & " " & "COMPOUND INTEREST")

            lstInterest.Items.Add(year & " " & simple.ToString("N") & " " & compound.ToString("C"))

        Next

    End Sub

 

Error message after running the script

Severity

Code

Description

   

Line

Suppression State

Error

BC30456

'Items' is not a member of 'TextBox'.

   

9

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