CompoundValue.java completed?

master
Chloe Fontenot 🏳️‍⚧️ 2022-08-27 13:47:24 +07:00
parent 05389258ab
commit 1ab026d1cd
2 changed files with 18 additions and 8 deletions

@ -11,17 +11,27 @@ import java.util.Scanner;
* @author caleb
*/
public class CompoundValue {
public static void main(String[] args) {
// Create Scanner
Scanner input = new Scanner(System.in);
// Define vars
double SavingAmount;
// Prompt for input
System.out.println("");
// Compute
// Print result
// Define vars
int counter;
double SavingAmount;
double InterestRate;
// Prompt for input
System.out.print("Enter monthly saving amount: ");
SavingAmount = input.nextDouble();
// Compute and Print result
InterestRate = 0.05 / 12;
SavingAmount = SavingAmount * (1 + InterestRate);
System.out.println("The account is " + SavingAmount + " after month 1");
for (counter = 2; counter <= 6; counter++) {
SavingAmount = (100 + SavingAmount) * (1 + InterestRate);
System.out.println("The account is " + SavingAmount + " after month " + counter);
}
}
}