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