How to Calculate the Future Investment Value of Investment.

Below java program for calculate future investment value.
Here calculate s using the formula futureInvestmentValue =investmentAmount x (1 + monthlyInterestRate)^numberOfYears*12.

Output: 





Java code here.

package swain.swain;

import java.util.Scanner;

public class CalculateFutureInvestmentValue {
    public static void main(String[] args) {

         Scanner input = new Scanner(System.in);

         System.out.println("Enter investment amount:");
         double investmentAmount = input.nextDouble();
         System.out.println("Enter annual interest rate in percentage:");
         double monthlyInterestRate = input.nextDouble();
         System.out.println("Enter number of years:");
         double numberOfYears = input.nextDouble();
         double futureInvestmentValue = investmentAmount * Math.pow((1 + (monthlyInterestRate / 1200)), (numberOfYears * 12));
         futureInvestmentValue = (int) (futureInvestmentValue * 100) / 100.0;
         System.out.println("Accumulated value is " + futureInvestmentValue + "\n");
    }
}


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