
- 12th May 2019
- 12:12 pm
Challenge - Java program that reads in investment amount, annual interest rate, and number of years, and displays the future investment value
Program
import java.util.Scanner; import java.text.DecimalFormat; import java.lang.*; public class problem1 { public static void main(String args[]) { //taking inputs from user Scanner sc=new Scanner(System.in); System.out.println("Enter investment amount: "); double i=sc.nextDouble(); System.out.println("Enter annual interest reate: "); double a=sc.nextDouble(); System.out.println("Enter number of years: "); double n=sc.nextDouble(); //defining DecimalFormat to round off result to 2 decimals DecimalFormat twoDForm = new DecimalFormat("#.##"); //Displaying the result System.out.println("Accumulated value is "+Double.valueOf(twoDForm.format(i*Math.pow(1+(a/1200),n*12)))); } }