Database System Concepts
Database System Concepts
7th Edition
ISBN: 9780078022159
Author: Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher: McGraw-Hill Education
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A bank offers 6.5% interest on saving account, compounded annually. Create a java program that shows how much money a person will accumulate over a period of 25 years, assuming that the person makes an initial investment of $1,000 and deposits $100 each year after the first. Your program should print for each year the current balance, the interest, the new deposit, and the new balance.

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