Problem

(Financial application: calculating the future investment value) Write a program that re...

(Financial application: calculating the future investment value) 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:

futureInvestmentValue = investmentAmount x (1 + monthl yInterestRate)mmberOfYears*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;

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Solutions For Problems in Chapter 2

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