Write a program showing interest earned on bank accounts, and how much is in the account...

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Write a program showing interest earned on bank accounts, and how much is in the account after several periods (where the interest is paid into the accounts.) Show a schedule to the user of the amounts in both checking and savings as a total for each year. The User should enter an amount for a deposit to a Checking Account, deposit to a Savings Account, and a Number of Years to see. It should put 2% of the current checking amount into that account and 4% of the current savings amount into that account each year, and show the total of both for the user in a multi-line textbox (as shown in the chapter lab. Making a multi-year schedule.) Using App Inventor Examples of input and output on two program runs: designe & Blocks Checking 1000 Savings 2000 Years 5 1 3100.00 2 3203.60 3 3310.94 4 3422.15 5 3537.39 Checking 1500 Savings 1500 1 3090.00 2 3183.00 3 3279.11 4 3378.44 5 3481.10 6 3587.22 7 3696.93 Years 7 (Important. You must use a loop to process the years and show them. If you do not have a loop in this program but use other tools to make the schedule, like a very long set of If/Else's and the screen shows the right answers it will be almost no points for this assignment. The goal of this assignment is to demonstrate a loop in a program.) Write a program showing interest earned on bank accounts, and how much is in the account after several periods (where the interest is paid into the accounts.) Show a schedule to the user of the amounts in both checking and savings as a total for each year. The User should enter an amount for a deposit to a Checking Account, deposit to a Savings Account, and a Number of Years to see. It should put 2% of the current checking amount into that account and 4% of the current savings amount into that account each year, and show the total of both for the user in a multi-line textbox (as shown in the chapter lab. Making a multi-year schedule.) Using App Inventor Examples of input and output on two program runs: designe & Blocks Checking 1000 Savings 2000 Years 5 1 3100.00 2 3203.60 3 3310.94 4 3422.15 5 3537.39 Checking 1500 Savings 1500 1 3090.00 2 3183.00 3 3279.11 4 3378.44 5 3481.10 6 3587.22 7 3696.93 Years 7 (Important. You must use a loop to process the years and show them. If you do not have a loop in this program but use other tools to make the schedule, like a very long set of If/Else's and the screen shows the right answers it will be almost no points for this assignment. The goal of this assignment is to demonstrate a loop in a program.)

Answer rating: 100% (QA)

calculateInterest function is accepting the input par... View the full answer