Answer:
in this case you have to use a For cycle
Explanation:
This is the entire code for this program
Step 1: We declare two variables investment and interest with double, and we take the numbers with the console.
We ask with console the two numbers
We show the two number in console
Step 2: We create two new double variable: Value and cont5
We save the formula in the variable Value
We create 3 For cycle
the first one for 5 years
the second one for 10 years
the third one for 20 years
package javaapplication6;
import java.util.*;
public class JavaApplication6 {
/**
* @param args the command line arguments
*/
public static void main(String[] args) {
// TODO code application logic here
double investment;
double interest;
Scanner keyboard = new Scanner(System.in);
System.out.println("Enter the investment");
investment = keyboard.nextDouble();
System.out.println("Enter the interest" );
interest = keyboard.nextDouble();
System.out.println("With an investment of $"+investment);
System.out.println("an interest rate of "+interest+"% compounded annually:");
double Value = investment * (1+interest);
double cont5 = Value;
//int Value = getValue(investment,interest,5);
for(int year = 1; year <= 4; year++){
cont5 = cont5 * Value;
}
System.out.println("In 5 years the value is : "+"$"+cont5);
double cont10 = Value;
//Value = getValue(investment,interest,10);
for(int year = 1; year <= 9; year++){
cont10 = cont10 * Value;
}
System.out.println("In 10 years the value is : "+"$"+cont10);
double cont20 = Value;
//Value = getValue(investment,interest,20);
for(int year = 1; year <= 19; year++){
cont20 = cont20 * Value;
}
System.out.println("In 20 years the value is : "+"$"+cont20);
}
}
