(Financial application: calculate future investment value) Write a program that reads in an investment amount, the annual interest rate, and the number of years, and displays the future investment value using the following formula: futurelnvestmentValue = investmentAmount X (1 + monthlyInterestRate)mberOfMonths

Computer Networking: A Top-Down Approach (7th Edition)
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Author:James Kurose, Keith Ross
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Chapter1: Computer Networks And The Internet
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entary Programming
*2.19
(Financial application: calculate future investment value) Write a program that
reads in an investment amount, the annual interest rate, and the number of
and displays the future investment value using the following formula:
years,
futurelnvestmentValue = investmentAmount X (1+ monthlyInterestRate)unberOMonths
For example, if you enter the amount 1000, an annual interest rate of 4.25%,
and the number of years as 1, the future investment value is 1043.33. Here is a
sample run:
Enter investment amount: 1000
Enter
Enter annual interest rate: 4.25
Enter
Enter number of years: 1
Enter
Accumulated value is 1043.33
Transcribed Image Text:entary Programming *2.19 (Financial application: calculate future investment value) Write a program that reads in an investment amount, the annual interest rate, and the number of and displays the future investment value using the following formula: years, futurelnvestmentValue = investmentAmount X (1+ monthlyInterestRate)unberOMonths For example, if you enter the amount 1000, an annual interest rate of 4.25%, and the number of years as 1, the future investment value is 1043.33. Here is a sample run: Enter investment amount: 1000 Enter Enter annual interest rate: 4.25 Enter Enter number of years: 1 Enter Accumulated value is 1043.33
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