*6.7 (Financial application: compute the future investment value) Write a method that computes future investment value at a given interest rate for a specified number of years. The future investment is determined using the formula in Programming Exercise 2.21. Use the following method header: public static double futureInvestmentValue( double investmentAmount, double monthlyInterestRate, int years) For example, futureInvestmentValue(10000, 0.05/12, 5) returns 12833.59. Write a test program that prompts the user to enter the investment amount (e.g.., 1000) and the interest rate (e.g., 9%) and prints a table that displays future value for the years from 1 to 30, as shown below: The amount invested: 1000 Enter Annual interest rate: 9 Enter Years Future Value 1 1093.80 1196.41 29 13467.25 30 14730.57

*6.7 (Financial application: compute the future investment value) Write a method that computes future investment value at a given interest rate for a specified number of years. The future investment is determined using the formula in Programming Exercise 2.21. Use the following method header: public static double futureInvestmentValue( double investmentAmount, double monthlyInterestRate, int years) For example, futureInvestmentValue(10000, 0.05/12, 5) returns 12833.59. Write a test program that prompts the user to enter the investment amount (e.g.., 1000) and the interest rate (e.g., 9%) and prints a table that displays future value for the years from 1 to 30, as shown below: The amount invested: 1000 Enter Annual interest rate: 9 Enter Years Future Value 1 1093.80 1196.41 29 13467.25 30 14730.57

C++ Programming: From Problem Analysis to Program Design

8th Edition

ISBN:9781337102087

Author:D. S. Malik

Publisher:D. S. Malik

Chapter9: Records (struct)

Section: Chapter Questions

Problem 10SA

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