/** * This class implements a simple program that will compute * the amount of interest that is earned on an investment over * a period of one year. The initial amount of the investment * and the interest rate are input by the user. The value of * the investment at the end of the year is output. The * rate must be input as a decimal, not a percentage (for * example, 0.05 rather than 5). */ public class Interest2 { public static void main(String[] args) { double principal; // The value of the investment. double rate; // The annual interest rate. double interest; // The interest earned during the year. TextIO.put("Enter the initial investment: "); principal = TextIO.getlnDouble(); TextIO.put("Enter the annual interest rate (decimal, not percentage!): "); rate = TextIO.getlnDouble(); interest = principal * rate; // Compute this year's interest. principal = principal + interest; // Add it to principal. TextIO.put("The value of the investment after one year is $"); TextIO.putln(principal); } // end of main() } // end of class Interest2