2nd Edition

ISBN: 9781119330455

Author: Horstmann

Publisher: WILEY

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A literal in computer science is used to express a fixed value in source code. They cannot be modified. Almost all programs have these fixed values or literals.

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Chapter 2, Problem 9RE

Assuming that a and b are variables of type int, fill in the following table:

Chapter 2, Problem 9RE, Assuming that a and b are variables of type int, fill in the following table:

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Chapter 2, Problem 8RE

Chapter 2, Problem 10RE

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Suppose you want to deposit a certain amount of money into a savings account, and thenleave it alone to draw interest for the next 10 years. At the end of 10 years, you would like tohave $10,000 in the account. How much do you need to deposit today to make that happen?You can use the following formula, which is known as the present value formula, to find out:The terms in the formula are as follows: [5 marks]• P is the present value, or the amount that you need to deposit today.• F is the future value that you want in the account. (In this case, F is $10,000.)• r is the annual interest rate.• n is the number of years that you plan to let the money sit in the account.Write a method named presentValue that performs this calculation. The method should accept the future value, annual interest rate, and number of years asarguments. It should return the present value, which is the amount that you need to deposit today.Demonstrate the method in a program that lets the user experiment with…

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