Question: Visual Basic application code Your application should input the deposit amount in the click event and then pass it to a function that would calculate

Visual Basic application code

Visual Basic application code Your application should input the deposit amount in

Your application should input the deposit amount in the click event and then pass it to a function that would calculate the balance. Note the function only calculates one balance, so you need to call it 4 times to get the output shown. Assume initial balance is $0.00. Think about the parameters you need to pass to the function so it can return the new balance. Include input validation for the deposit amount. Also, when the input changes the output list box should be cleared. Suppose a fixed amount of money is deposited at the beginning of each month into a savings account paying 6% interest compounded monthly. After each deposit is made: [new balance] = 1.005 * [previous balance one month ago] + [fixed amount]. Write a program that requests the fixed amount of the deposits as input and displays the balance after each of the first four deposits. Shown below is the outcome when 1000 is typed into the textbox for the amount deposited each month. See Fig. 5.14

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