Question: Programming I Laboratory Lab 9: Future Value Suppose you have a certain amount of money in a savings account that earns compound monthl interest, and
Programming I Laboratory Lab 9: Future Value Suppose you have a certain amount of money in a savings account that earns compound monthl interest, and you want to calculate the amount that you will have after a specific number of months. The formula, which is known as the future value formula, is: The terms in the formula are as follows: F is the future value of the account after the specified time period. . P is the present value of the account. . i is the monthly interest rate. . t is the number of months. Write a program that prompts the user to enter the account's present value, monthly interest rate, and the number of months that the money will be left in the account. The program should pass these values to a function named futureValue that returns the future value of the account, after the specified number of months. The program should display the account's future value. e pre hat : the nonthly interest rate? 8.93 or hou nany nonths u ill the noney be left in the account? 18 future value is $12632.81 ant to try another cet of values? bat : the present value of the account? 1200 at ic t he nonthly interect rate? 0.04 or hou nany nontho vill the noney be left in the account? 5 he accountfuture value is $1459.98 ant to try another cet of values? yyes: n ress any key to continue See slides 47-49 in chapter 6 for assistance
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