i was you to use java to program it and it does not need to have a Scanner. use for loop

just an output for the 40 years and the cost of procrstination, and filling the box of the expcted outcome for the one year of compounding and two years of compounding.

(50 points). You just landed a job earning about $60K/year. You vaguely recall one of your professors saying, 'You should start investing with your first pay check with $500.00 a month for 40 years to become a millionaire.' He also said the average person only works for 40 years, so there is a big cost if you wait too long to start investing. This is called Cost of Procrastination. Which is the difference between investing for all forty years or waiting years to start investing. oaoyeu soe isa ie os yoral trr waltingyears You must use your Java skills and the Problem Solving Process to develop a Java Application to calculate the gain in total investment using the given compounding-interest equation. You will use an interest rate of696(0.06) and start with a Total Investment of $2000.00. You will: (1) run your code for 40 years and output annual totals. Note: Interest is compounded annually or once a year between running the application at 40 years and 30 years will give you the Cost of Procrastination. The formula to use is: Total Investment (Total Investment + (Monthly Investment 12)* (Interest Rate + 1) 2) Calculate the Cost of Procrastination (use a wait-time of ten years before investing). Hint: Difference (50 points). You just landed a job earning about $60K/year. You vaguely recall one of your professors saying, 'You should start investing with your first pay check with $500.00 a month for 40 years to become a millionaire.' He also said the average person only works for 40 years, so there is a big cost if you wait too long to start investing. This is called Cost of Procrastination. Which is the difference between investing for all forty years or waiting years to start investing. oaoyeu soe isa ie os yoral trr waltingyears You must use your Java skills and the Problem Solving Process to develop a Java Application to calculate the gain in total investment using the given compounding-interest equation. You will use an interest rate of696(0.06) and start with a Total Investment of $2000.00. You will: (1) run your code for 40 years and output annual totals. Note: Interest is compounded annually or once a year between running the application at 40 years and 30 years will give you the Cost of Procrastination. The formula to use is: Total Investment (Total Investment + (Monthly Investment 12)* (Interest Rate + 1) 2) Calculate the Cost of Procrastination (use a wait-time of ten years before investing). Hint: Difference