Create the logic for a program that calculates and displays the amount of money in interest earned in one year. Create a separate method to do the calculation and return the result to be displayed.The program mustprompt the user for an amount of money and an interest rateuse a method to calculate interest earned in one year by passing both the amount of money and the interest rate to the interest-calculating methodreturn and display the result

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Answered: Create the logic for a program that…

Programming Logic & Design Comprehensive

9th Edition

ISBN:9781337669405

Author:FARRELL

Publisher:FARRELL

Chapter9: Advanced Modularization Techniques

Section: Chapter Questions

Problem 9PE

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Create the logic for a program that calculates and displays the amount of money in interest earned in one year. Create a separate method to do the calculation and return the result to be displayed.

The program must

prompt the user for an amount of money and an interest rate
use a method to calculate interest earned in one year by passing both the amount of money and the interest rate to the interest-calculating method
return and display the result

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