Why is it showing infinity sign (see blue text box) as a result instead of a numerical value? Please explain what's wrong with the code. Program should function as a 401k Calculator with totalAccValue as final result. This was written in C#.
Why is it showing infinity sign (see blue text box) as a result instead of a numerical value? Please explain what's wrong with the code. Program should function as a 401k Calculator with totalAccValue as final result. This was written in C#.
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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Why is it showing infinity sign (see blue text box) as a result instead of a numerical value? Please explain what's wrong with the code. Program should function as a 401k Calculator with totalAccValue as final result. This was written in C#.
![//User defined
double annualSalary = double.Parse(textBox11.Text);
double salaryIncrease = double.Parse(textBox12. Text);
double returnRate = double.Parse(textBox13. Text);
double currentAge = double.Parse(textBox14. Text);
double retirement Age = double.Parse(textBox15. Text);
double currentBalance = double.Parse(textBox16. Text);
double conribution Percent = double.Parse(textBox17. Text);
double employerMatch = double.Parse(textBox18. Text);
double employerMaxRate = double.Parse(textBox19. Text);
//To solve
double rate= returnRate * 100;
double mRate = rate / 12;
double fValue = 1 + mRate;
double n = retirementAge - currentAge;
double monthlyYC = ((annualSalary * (salaryIncrease / 100)) * (conribution Percent / 100)) / 12;
double employerContribution = monthlyYC (employerMatch / 100);
double nExp = n * 12;
double ansExp = Math.Pow(fValue, nExp);
double t1 = currentBalance * ansExp;
double t2 = ((monthlyYC + employerContribution) * (ansExp-1)/ mRate) * fValue;
double totalAccValue = t1 + t2;
textBox20. Text = totalAccValue.ToString();](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F61545ec1-f3bc-4b67-a67a-e77b01c3e9cf%2Fe8a5bba2-44be-4286-8f6a-25659b5826d1%2Ft00r5r_processed.jpeg&w=3840&q=75)
Transcribed Image Text://User defined
double annualSalary = double.Parse(textBox11.Text);
double salaryIncrease = double.Parse(textBox12. Text);
double returnRate = double.Parse(textBox13. Text);
double currentAge = double.Parse(textBox14. Text);
double retirement Age = double.Parse(textBox15. Text);
double currentBalance = double.Parse(textBox16. Text);
double conribution Percent = double.Parse(textBox17. Text);
double employerMatch = double.Parse(textBox18. Text);
double employerMaxRate = double.Parse(textBox19. Text);
//To solve
double rate= returnRate * 100;
double mRate = rate / 12;
double fValue = 1 + mRate;
double n = retirementAge - currentAge;
double monthlyYC = ((annualSalary * (salaryIncrease / 100)) * (conribution Percent / 100)) / 12;
double employerContribution = monthlyYC (employerMatch / 100);
double nExp = n * 12;
double ansExp = Math.Pow(fValue, nExp);
double t1 = currentBalance * ansExp;
double t2 = ((monthlyYC + employerContribution) * (ansExp-1)/ mRate) * fValue;
double totalAccValue = t1 + t2;
textBox20. Text = totalAccValue.ToString();
![401k Calculator
Enter Values Here:
Annual Salary ($)
Annual Salary Increase (%)
Annual Rate of Return (%)
Current Age
Age of Retirement
Current 401k Balance ($)
Contribution to 401k (%)
Employer Match (%)
Employer Max Contribution (%)
35000
2.5
7.4
32
61
2000
8
25
5
Total Account Value
Calculate
Clear
About Me
■
X](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F61545ec1-f3bc-4b67-a67a-e77b01c3e9cf%2Fe8a5bba2-44be-4286-8f6a-25659b5826d1%2Fmls13p8_processed.jpeg&w=3840&q=75)
Transcribed Image Text:401k Calculator
Enter Values Here:
Annual Salary ($)
Annual Salary Increase (%)
Annual Rate of Return (%)
Current Age
Age of Retirement
Current 401k Balance ($)
Contribution to 401k (%)
Employer Match (%)
Employer Max Contribution (%)
35000
2.5
7.4
32
61
2000
8
25
5
Total Account Value
Calculate
Clear
About Me
■
X
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