write a Window Application that allows you to enter the amount of money you will like to place as a down payment on a home, the interest rate, and a number of years. For example, if you hope to buy a home in five years with a down payment, would the principal of $17,000 grow over five years at 4 percent interest to a down payment of 20,000? Display a ListBox object for each year and the amount of money in the account at the end of the year. Determine whether you have saved enough money for the home example. Nonnumeric and negative values should not be accepted. Publish the application. Hint: The formula for compound interest for one year is: Amount = Principal * (1 + Rate). For 5 years of compound interest, this formula should be executed 5 times with the principal increasing to the new amount each year. The application should have a single background image and menus.
Using Visual basic, write a Window Application that allows you to enter the amount of money you will like to
place as a down payment on a home, the interest rate, and a number of years. For example,
if you hope to buy a home in five years with a down payment, would the principal of $17,000
grow over five years at 4 percent interest to a down payment of 20,000?
Display a ListBox object for each year and the amount of money in the account at the end of the year.
Determine whether you have saved enough money for the home example.
Nonnumeric and negative values should not be accepted. Publish the application.
Hint: The formula for compound interest for one year is: Amount = Principal * (1 + Rate).
For 5 years of compound interest, this formula should be executed 5 times with the principal
increasing to the new amount each year.
The application should have a single background image and menus.
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Can you please specify what you named the items in the form so we can tell how it is used in connection with the code?
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