
Concept explainers
Explanation of Solution
Modified Program:
//Definition of class "Investment"
public class Investment
{
//Declaring private variables
private double balance;
private double rate;
private int year;
//Declaring an Investment object
public investment(double aBalance,double aRate)
{
balance = aBalance;
rate = aRate;
year = 0;
}
//keeps accumulating interest until a target has been reached
public void waitForBalance(double targetBalance)
{
//while loop executes if balance is less than targetBalance
while(balance < targetBalance)
{
//increment year
year++;
//Declaring variable interest
double interest = balance * rate / 100;
//Defining variable balance
balance = balance + interest;
}
}
//To get the current investment balance
...

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Chapter 6 Solutions
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