Suppose you own a bond that will pay a future value based on a given annual interest rate and the number of years in the future Heres the formula for determining the present value (what you can sell the bond for now) Provide a Java assignment statement that calculates the present value (using future value, rate, and years), rounds to the nearest dollar, and assigns the result to a variable named presentValue Use Math class methods present Value futureValue (1 rate) years

Question: Suppose you own a bond that will pay a future value based on a given annual interest rate and the number of years in the

Suppose you own a bond that will pay a future value based on a given annual interest rate and the number of years in the future. Here’s the formula for determining the present value (what you can sell the bond for now):

Provide a Java assignment statement that calculates the present value (using future value, rate, and years), rounds to the nearest dollar, and assigns the result to a variable named presentValue. Use Math class methods.

present Value - futureValue / (1+rate) years.

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