Answer:
Following are the program to this question:
import java.util.*;//import package for user input
class Interest //defining class Interest
{
static double rate_of_interest = 5.00;//defining static double varaibale
public static double Invest_value()//defining method Invest_value
{
double invest;//defining double variable invest
Scanner inc = new Scanner(System.in);//creating Scanner class object
System.out.print("Enter investment value: ");
invest = inc.nextDouble();//input value in invest variable
return invest;//return invest value
}
public static double calculated_Amount(double invest)//defining method calculated_Amount that accept parameter
{
double amount;//defining double variable
amount = invest+ (invest * (rate_of_interest/100));//use amount to calculat 5 % of invest value
return amount;//return amount value
}
public static void main(String[] as)//defining main method
{
double investment_value;//defining double variable
investment_value= Invest_value();//use investment_value to hold method Invest_value value
System.out.println("The 5% of the invest value: "+ calculated_Amount(investment_value));//use print method to print calculated_Amount value
}
}
Output:
Enter investment value: 3000
The 5% of the invest value: 3150.0
Explanation:
In the above program a class "Interest", is defined inside the class a static double variable "rate_of_interest" is declared that store a double value, in the next step, two methods "Invest_value and calculated_Amount" is declared.
In the "Invest_value" method, scanner class object is created for input value in the "invest" variable and the "calculated_Amount" accepts an "invest" value in its parameter and calculate its 5% and store its value in the "amount" variable.
Inside the main method, the "investment_value" is declared that holds the "Invest_value" method value and pass the value in the "investment_value" variable in the "calculated_Amount" method and prints its return value.
