/** * This class implements a simple program that will compute the amount of * interest that is earned on an investment over a period of 5 years. The * initial amount of the investment and the interest rate are input by the * user. The value of the investment at the end of each year is output. */ public class Interest3 { public static void main(String[] args) { double principal; // The value of the investment. double rate; // The annual interest rate. /* Get the initial investment and interest rate from the user. */ System.out.print("Enter the initial investment: "); principal = TextIO.getlnDouble(); System.out.println(); System.out.println("Enter the annual interest rate."); System.out.print("Enter a decimal, not a percentage: "); rate = TextIO.getlnDouble(); System.out.println(); /* Simulate the investment for 5 years. */ int years; // Counts the number of years that have passed. years = 0; while (years < 5) { double interest; // Interest for this year. interest = principal * rate; principal = principal + interest; // Add it to principal. years = years + 1; // Count the current year. System.out.print("The value of the investment after "); System.out.print(years); System.out.print(" years is $"); System.out.printf("%1.2f", principal); System.out.println(); } // end of while loop } // end of main() } // end of class Interest3