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Write, Compile and Execute a Java program that reads an investment amount, annual interest rate and number of years and displays the future investment value using the following fomula: futurenvestmentvalue = investmEnTAMDUnt x (1 + montlyInterestRate) mumberofvears x 12

Write, Compile and Execute a Java program that reads an investment amount, annual interest rate and number of years and displays the future investment value using the following fomula: futurenvestmentvalue = investmEnTAMDUnt x (1 + montlyInterestRate) mumberofvears x 12

Computer Networking: A Top-Down Approach (7th Edition)
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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TASK 2 Write, Compile and Execute a Java program that reads an investment amount, annual interest rate and number of years and displays the future investment value using the following fomula: futureinvestmerntvalue = investmentAmount x (1 + montlyInterestRate) numberofYears x 12 For example, if you enter amount 1000, annual interest rate 3.25% and the number of years 1, the future value is 1032.98. Here is a sample run: Enter investment amount: 1000.56 Enter Enter annual interest rate in percentage: 4.25 Enter Enter number of years: 1 Enter Accumulated value is $1043.92 NOTE: Use pow method in Math class (see page 70).
Transcribed Image Text:TASK 2 Write, Compile and Execute a Java program that reads an investment amount, annual interest rate and number of years and displays the future investment value using the following fomula: futureinvestmerntvalue = investmentAmount x (1 + montlyInterestRate) numberofYears x 12 For example, if you enter amount 1000, annual interest rate 3.25% and the number of years 1, the future value is 1032.98. Here is a sample run: Enter investment amount: 1000.56 Enter Enter annual interest rate in percentage: 4.25 Enter Enter number of years: 1 Enter Accumulated value is $1043.92 NOTE: Use pow method in Math class (see page 70).
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