Question: Visual Basic- Suppose a fixed amount of money is deposited at the beginning of each month into an investment paying 6 % interest compounded monthly.

Visual Basic- Suppose a fixed amount of money is deposited at the beginning of each month into an investment paying 6 % interest compounded monthly. After each deposit is made, [new balance] = 1.005 * [previous balance one month ago] + [fixed amount]. CODE MUST INCLUDE A LOOP.

Write a program that requests the fixed amount of the deposits as input and displays the balance after each of the first four deposits. See example screenshot below.

Visual Basic- Suppose a fixed amount of money is deposited at the

Investment Amount to be deposited at the 1000 beginning of each month Display Monthly Balances Month 1 $1,000.00 Month 2 $2,00 00 Month 3 $3,015 03 Month 4: $4,030.10

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