Suppose you have a certain amount of money in a savings account that earns monthly interest, and you want to calculate the amount that you will have after a specific number of months. The formula is: F=P x (1 + i)t F: future value of the account after the specified time period P: present value of the account i: monthly interest rate t: the number of months Write a program (by using two methods) that prompts you to enter the account’s present value, monthly interest rate, and the number of months that the money will be left in the account. The program should pass these three values to a sub-method. Finally, the program should display the account’s future value. Different methods using java programming

Suppose you have a certain amount of money in a savings account that earns monthly interest, and you want to calculate the amount that you will have after a specific number of months. The formula is: F=P x (1 + i)t F: future value of the account after the specified time period P: present value of the account i: monthly interest rate t: the number of months Write a program (by using two methods) that prompts you to enter the account’s present value, monthly interest rate, and the number of months that the money will be left in the account. The program should pass these three values to a sub-method. Finally, the program should display the account’s future value. Different methods using java programming

EBK JAVA PROGRAMMING

9th Edition

ISBN:9781337671385

Author:FARRELL

Publisher:FARRELL

Chapter6: Looping

Section: Chapter Questions

Problem 2PE

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