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inital commit

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gabriel venberg 2021-03-26 22:45:38 -05:00
commit aa37ae1eec
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home03/src/Investment.java Normal file
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/*
* Copyright (C) 2020 Gabriel Venberg
*
* This program is free software: you can redistribute it and/or modify
* it under the terms of the GNU General Public License as published by
* the Free Software Foundation, either version 3 of the License, or
* (at your option) any later version.
*
* This program is distributed in the hope that it will be useful,
* but WITHOUT ANY WARRANTY; without even the implied warranty of
* MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE. See the
* GNU General Public License for more details.
*
* You should have received a copy of the GNU General Public License
* along with this program. If not, see <http://www.gnu.org/licenses/>.
*/
/**
*inputs an inital investment and a percent intrest, and calculates balance after 5, 10, and 15 years.
* @author toric
*/
import java.util.Scanner;
import java.text.NumberFormat;
public class Investment {
public static void main(String[] args) {
Scanner scan = new Scanner(System.in);
NumberFormat priceFormat = NumberFormat.getCurrencyInstance();
//get input
System.out.print("Enter your intrest rate as a decimal (6.5% - .065) >");
double intrest = scan.nextDouble();
System.out.print("enter your inital investment >");
double investment = scan.nextDouble();
//could easily get this from a user input as well...
int year;
//calculate 5 years
year = 5;
double year5Value = investment*Math.pow(1+intrest, year);
//calculate 10 years
year = 10;
double year10Value = investment*Math.pow(1+intrest, year);
//calculate 20 years
year = 20;
double year20Value = investment*Math.pow(1+intrest, year);
//print the values.
System.out.println("After 5 years, you will have "+priceFormat.format(year5Value));
System.out.println("After 10 years, you will have "+priceFormat.format(year10Value));
System.out.println("After 20 years, you will have "+priceFormat.format(year20Value));
}
}