Big Java Late Objects
2nd Edition
ISBN: 9781119330455
Author: Horstmann
Publisher: WILEY
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Chapter 1.7, Problem 21SC
Explanation of Solution
Calculation for making investment into double:
Consider the user have $10,000 in a bank account and earns 20% interest per year.
Calculation table for the above investment is as follows:
Year | Interest | Balance |
0 | - | 10000 |
1 | 10000 * 0.2 = 2000 | 10000 + 2000 = 12000 |
2 | 12000 * 0.2 = 2400 | 12000 + 2400 = 14400 |
3 | 14400 * 0.2 = 2880 | 14400 + 2880 = 17280 |
4 | 17280 * 0... |
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Chapter 1 Solutions
Big Java Late Objects
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