/* * 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 . */ /** *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)); } }