Write a program that calculates how much money you’ll end up with if you invest an amount of money at a fixed interest rate, compounded yearly. Have the user furnish the initial amount, the number of years, and the yearly interest rate in percent. Some interaction with the program might look like this: Enter initial amount: 3000 Enter number of years: 10 Enter interest rate (percent per year): 5.5 At the end of 10 years, you will have 5124.43 dollars.

Write a program that calculates how much money you’ll end up with if you invest an amount of money at a fixed interest rate, compounded yearly. Have the user furnish the initial amount, the number of years, and the yearly interest rate in percent. Some interaction with the program might look like this: Enter initial amount: 3000 Enter number of years: 10 Enter interest rate (percent per year): 5.5 At the end of 10 years, you will have 5124.43 dollars.

EBK JAVA PROGRAMMING

9th Edition

ISBN:9781337671385

Author:FARRELL

Publisher:FARRELL

Chapter8: Arrays

Section: Chapter Questions

Problem 5GZ

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