Question: This is a JAVA program... Write a program that reads in investment amount, annual interest rate, and number of years, and displays the future investment

This is a JAVA program...

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:

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.

Hint: Use the Math.pow(a, b) method to compute a raised to the power of b.

Here is a sample run:

Sample 1:

Enter investment amount: 1000

Enter annual interest rate: 4.25

Enter number of years: 1

Accumulated value is 1043.34

Sample 2:

Enter investment amount: 1000

Enter annual interest rate: 4.25

Enter number of years: 1

Accumulated value is 1043.34

NOW WE HAVE TO SOLVE QUESTIONS

1.) Analysis:

(Describe the problem including input and output in your own words.)

2.) Design:

(Describe the major steps for solving the problem.)

3.) Coding:

(Copy and Paste Source Code here.

[Copy and Paste Your program here. Call the class Test]

4.)Testing:

(Describe how you test this program)

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