Question: Microsoft Visual Basic 2015: RELOADED (6th Edition) pg 452 Create an application that allows the user to enter the initial deposit made into a savings

Microsoft Visual Basic 2015: RELOADED (6th Edition) pg 452

Create an application that allows the user to enter the initial deposit made into a savings account. If no additional deposits or withdrawals are made, how much money will be in the account at the end of one through five years using annual interest rates of 2%, 3%, and 4%? You can calculate the savings account balances using the following formula: b = p * (1 + r)n. In the formula, p is the principal (the amount of the initial deposit), r is the annual interest rate, n is the number of years, and b is the balance in the savings account at the end of the nth year. Use the following names for the solution and project, respectively: Savings Solution and Savings Project. Save the application in the VbReloaded2015\Chap08 folder. Change the form files name to Main Form.vb. Be sure to use one or more independent Sub or Function procedures in the application. (13, 57)

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