CompoundValue.java completed?

This commit is contained in:
Chloe Fontenot 🏳️‍⚧️ 2022-08-27 13:47:24 -05:00
parent 05389258ab
commit 1ab026d1cd
2 changed files with 18 additions and 8 deletions

View File

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