/* Craig Persiko - CS 111A - Sample program
InvestAgain.java
A program to calculate the interest earned on an investment over time,
and repeat the calculation as many times as user wants.
*/
import java.util.Scanner;
import java.text.DecimalFormat;
public class InvestAgain
{
public static void main(String args[])
{
Scanner scan = new Scanner (System.in);
double balance;
char runAgain;
// money object used to format numeric output (alternative to printf):
DecimalFormat money = new DecimalFormat("#,##0.00");
int yearsPassed;
do{
yearsPassed= 0;
System.out.print("How much money do you want to invest? $");
balance = scan.nextDouble();
// scan.nextLine(); // This would be needed if we used scan.nextLine() below.
while(yearsPassed < 7) // repeat each year for 7 years
{
balance += balance * 0.05; // add 5% interest to the balance.
yearsPassed++; // count the year
System.out.println("after " + yearsPassed + " years: " + balance);
}
System.out.println();
System.out.println("After 7 years at 5% interest, " +
"you will have $" + money.format(balance));
System.out.println("Do you want to perform another calculation?");
runAgain = scan.next().toLowerCase().charAt(0);
}while(runAgain == 'y');
}
}
/* Sample output:
How much money do you want to invest? $100
after 1 years: 105.0
after 2 years: 110.25
after 3 years: 115.7625
after 4 years: 121.550625
after 5 years: 127.62815624999999
after 6 years: 134.00956406249998
after 7 years: 140.71004226562496
After 7 years at 5% interest, you will have $140.71
Do you want to perform another calculation?
Yes
How much money do you want to invest? $50
after 1 years: 52.5
after 2 years: 55.125
after 3 years: 57.88125
after 4 years: 60.7753125
after 5 years: 63.814078124999995
after 6 years: 67.00478203124999
after 7 years: 70.35502113281248
After 7 years at 5% interest, you will have $70.36
Do you want to perform another calculation?
no
*/
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