Write a program that calculates the future value of an investment at a given interest rate for a specified number of years. The formula for the calculation is as follows:futureValue = investmentAmount * (1 + monthlyInterestRate)years*12
Use text fields for interest rate, investment amount, and years. Display the future amount in a text field.

Question

08-07-2020
Computers and Technology

contestada

Write a program that calculates the future value of an investment at a given interest rate for a specified number of years. The formula for the calculation is as follows:futureValue = investmentAmount * (1 + monthlyInterestRate)years*12
Use text fields for interest rate, investment amount, and years. Display the future amount in a text field.

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batolisis batolisis · Answer 1 · 2020-07-08T23:33:31+02:00

batolisis batolisis

08-07-2020

Answer:

The text fields for interest rate, investment amount and years including the Java program of the problem is attached below

Explanation:

The program is written and attached below. kindly find attached the required program that calculates the future value of an investment at a given interest rate fora specified number of years using the formula : future value = investment amount * ( 1 + monthly interest rate ) years *12

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