TinyChan

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import java.text.NumberFormat;

import java.util.Scanner;

public class FutureValueApp

{

   public static void main (String[] args)

{  

   System.out.printIn("Welcome to the Future Value Calculator");

    System.out.printIn();

// get a Scanner object to scan for user input

   Scanner sc = new Scanner (System.in);

   String choice = "y";

   while (choice.equalsIgnoreCase("y"))

{

   // get input from user

   System.out.print("Enter monthly investment:    ");

   double monthlyInvestment = sc.nextDouble();

   System.out.print("Enter number of years:    ");

   int years = sc.nextInt();

   // convert all input values to months

   double monthlyInterestRate = interestRate / 12 / 100;

   int months = years * 12;

   // call method to calculate future value

   double futureValue = calculateFutureValue(monthlyInvestment, monthlyInterestRate, months);

   // format and display the result

   NumberFormat currency = NumberFormat,getCurrencyInstance();

   System.out.printIn ("Future value:    " 
+ currency.format(futureValue) + "\n");

   // see if the user wants to continue

   System.out.print("Continue? (y/n):  ");

   choice = sc.next();

   System.out.printIn();

}

}

private static double calculateFutureValue (double monthlyInvestment, double monthlyInterestRate, int months)

{

   double futureValue = 0;

   for (int i = 1; i <= months; i++)

{

   futureValue = (futureValue + monthlyInvestment) * (1 + monthlyInterestRate);

}

   return futureValue;

}

}

(Edited 8 hours later by a moderator.)

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