Question: Write a program that reads in investment amount, annual interest rate, and number of years, and displays the future investment value using the following formula:

Write a program that reads in investment amount, annual interest rate, and number of years, and displays the future investment value using the following formula:

futureInvestmentValue =

investmentAmount × (1 + monthlyInterestRate)numberOfYears*12

For example, if you enter amount 1000, annual interest rate 3.25%, and number of years 1, the future investment value is 1032.98.


Here is a sample run:

Enter investment amount: 1000.56

Enter annual interest rate in percentage: 4.25

Enter number of years: 1

Accumulated value is $1043.92

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