|
|
|
@ -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
|
|
|
|
|
int counter;
|
|
|
|
|
double SavingAmount;
|
|
|
|
|
double InterestRate;
|
|
|
|
|
|
|
|
|
|
// Prompt for input
|
|
|
|
|
System.out.println("");
|
|
|
|
|
// Compute
|
|
|
|
|
System.out.print("Enter monthly saving amount: ");
|
|
|
|
|
SavingAmount = input.nextDouble();
|
|
|
|
|
|
|
|
|
|
// Print result
|
|
|
|
|
// 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);
|
|
|
|
|
}
|
|
|
|
|
}
|
|
|
|
|
}
|
|
|
|
|