Problem

(Creating an. investment-value calculator) Write a program that calculates the future va...

(Creating an. investment-value calculator) 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*I2

Use text fields for interest rate, investment amount, and years. Display the future amount in a text field when the user clicks the Calculate button, as shown in Figure 16.21(a).

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Solutions For Problems in Chapter 16

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