Question

Lab 1 Deliverable: Lab Report Please include the source code of each task in a separate.java file. Please add code in Lab 1.1 1.2, 1.3, 1.4 according to (https://crunchify.com/how-to-get-server-ip-address-and-hostname-in-java) to display your hostname and ip address. Please include screenshot of the result of each task in the lab report. Compress all source code and lab report into an zip file and submit your zip file with the name as student-first-name_student-number_labl.zip to Moodle before the class on June 3rd, 2020. Late submission will not be accepted. Lab 1.1 (10 points) Write a program that reads in investment amount, annual interest rate, and number of years, and displays the future investment value using the following formula: and displays the future investment value using the following formula: futureInvestmentValue = investment Amount *(1 + monthlyInterest Rate numberOfYears"12 For example, if you enter amount 1000, annual interest rate 3.25%, and number of years 1, the future investment value is 1032.98 Hint: Use the Math.pow(a, b) method to compute a raised to the power of b. Here is a sample run: Sample 1: Enter investment amount : 1000 Enter annual interest rate: 4.25 Enter number of years: 1 Accumulated value is 1043.34

Answer 1

 import java.util.*; import java.lang.Math.*; class Main {     //Main method   public static void main(String args[])  {               double futureVal;               //Scanner class object          Scanner reader = new Scanner(System.in);                //Getting values from user              System.out.print("Enter investment amount: ");          double invAmt = reader.nextDouble();                                    System.out.print("Enter yearly interest rate: ");               double annInt = reader.nextDouble();                            System.out.print("Enter number of years: ");            int noYrs = reader.nextInt();                   //Generating future Value               futureVal = futureInvestmentValue(invAmt, ( (annInt / 100.0) / 12.0), noYrs);           //Printing result               System.out.printf("\nAccumulated Value is %.2f\n", futureVal);  }       //Method that calculates future value   public static double futureInvestmentValue(double investmentAmount, double monthlyInterestRate, int years)      {               //Calculating Future value              return investmentAmount * Math.pow( (1 + monthlyInterestRate ) , (years*12) );  } }

Sample Run:

Accumulated Value is 1043.34