Compound Interest Java Program

Compound Interest Java Program

Java Code:

import java.util.*;

public class compoundInterest {

       /**

        * @param args

        */

      

       public static void main(String[] args) {

              // TODO Auto-generated method stub

              Scanner input = new Scanner(System.in);

              System.out.print("Enter the Initial Investment: ");

              double Iv = input.nextInt();

              System.out.print("Enter Annual Interest Rate in % : ");

              double Ap = input.nextInt();

              System.out.print("Enter Number of years: ");

              double Ny = input.nextInt();

             

              System.out.println("Year" +" "    +"Beginning Balance"+" "+" "+"Interest"+" "+" "+ "Ending Balance");

              for(int i=1; i<=Ny;i++){

                     double in=(Iv*Ap)/100;

                     double ou=(Iv+in);

                     System.out.printf(i+ " "+" "+" "+ " "+"%.2f", Iv );

                     System.out.printf(" "+" "+" "+" "+" "+" "+" "+" "+" "+" "+" "+" "+ "%.2f", in );

                     System.out.printf(" "+" "+" "+" "+"%.2f", ou );

                     System.out.println();

                     Iv=ou;

              }

             

             

             

       }

}

 Snapshots: