Java: An Introduction to Problem Solving and Programming (8th Edition)
8th Edition
ISBN: 9780134462035
Author: Walter Savitch
Publisher: PEARSON
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Chapter 4, Problem 3PP
Write a program that reads a bank account balance and an interest rate and displays the value of the account in ten years. The output should show the value of the account for three different methods of compounding interest: annually, monthly, and daily. When compounded annually, the interest is added once per year at the end of the year. When compounded monthly, the interest is added 12 times per year. When computed daily, the interest is added 365 times per year. You do not have to worry about leap years; assume that all years have 365 days. For annual interest, you can assume that the interest is posted exactly one year from the date of deposit. In other words, you do not have to worry about interest being posted on a specific day of the year, such as December 31. Similarly, you can assume that monthly interest is posted exactly one month after it is deposited. Since the account earns interest on the interest, it should have a higher balance when interest is posted more frequently. Be sure to adjust the interest rate for the time period of the interest. If the rate is 5 percent, you use 5/12 percent when posting monthly interest and 5/365 percent when posting daily interest. Perform this calculation using a loop that adds in the interest for each time period, that is, do not use some sort of algebraic formula. Your program should have an outer loop that allows the user to repeat this calculation for a now balance and interest rate. The calculation is repeated until the user asks to end the program.
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Chapter 4 Solutions
Java: An Introduction to Problem Solving and Programming (8th Edition)
Ch. 4.1 - What output is produced by the following code? int...Ch. 4.1 - Can the body of a while loop execute zero times?...Ch. 4.1 - What output is produced by the following code? int...Ch. 4.1 - Revise the following code so that it uses a while...Ch. 4.1 - What output is produced by the following code? int...Ch. 4.1 - Imagine a program that reads the population of a...Ch. 4.1 - Prob. 7STQCh. 4.1 - What output is produced by the following code? int...Ch. 4.1 - What output is produced by the following code? for...Ch. 4.1 - What output is produced by the following code? for...
Ch. 4.1 - Prob. 11STQCh. 4.1 - Write a for statement that displays the even...Ch. 4.1 - Prob. 13STQCh. 4.2 - Write a Java loop that will display the phrase One...Ch. 4.2 - Write a Java loop that will set the variable...Ch. 4.2 - Write a Java loop that will read a list of numbers...Ch. 4.2 - What output is produced by the following code? for...Ch. 4.2 - What output is produced by the following code? for...Ch. 4.2 - What output is produced by the following code? for...Ch. 4.2 - Revise the loop shown in Listing 4.6 to use a...Ch. 4.2 - What is the bug in the code in the section Tracing...Ch. 4.2 - Add some suitable output statements to the...Ch. 4.2 - What is the bug in the code in the previous...Ch. 4.2 - Prob. 24STQCh. 4.2 - Suppose that you did not have assertion checking...Ch. 4.3 - Prob. 26STQCh. 4 - Write a fragment of code that will read words from...Ch. 4 - Develop an algorithm for computing the...Ch. 4 - Develop an algorithm for a simple game of guessing...Ch. 4 - Write a fragment of code that will compute the sum...Ch. 4 - Convert the following code so that it uses nested...Ch. 4 - Write a for statement to compute the sum 1 + 22 +...Ch. 4 - (Optional) Repeat the previous question, but use...Ch. 4 - Write a loop that will count the number of blank...Ch. 4 - Write a loop that will create a new string that is...Ch. 4 - Write a program that will compute statistics for...Ch. 4 - Suppose we attend a party. To be sociable, we will...Ch. 4 - Define an enumeration for each of the months in...Ch. 4 - Write a fragment of code that computes the final...Ch. 4 - Suppose that you work for a beverage company. The...Ch. 4 - Suppose that we want to compute the geometric mean...Ch. 4 - Prob. 16ECh. 4 - Create an applet that draws a pattern of circles...Ch. 4 - Prob. 18ECh. 4 - What does the following fragment of code display?...Ch. 4 - Repeat Practice Program 4 of Chapter 3, but use a...Ch. 4 - Write a program that implements your algorithm...Ch. 4 - Repeat Practice Program 5 of Chapter 3, but use a...Ch. 4 - Write a program to read a list of nonnegative...Ch. 4 - Write a program to read a list of exam scores...Ch. 4 - Combine the programs from Programming Projects 5...Ch. 4 - Write a program that simulates the Magic 8 Ball...Ch. 4 - Whats for dinner? Let the computer decide. Write a...Ch. 4 - Write a program that implements your algorithm...Ch. 4 - Prob. 2PPCh. 4 - Write a program that reads a bank account balance...Ch. 4 - Modify Programming Project 5 from Chapter 2 to...Ch. 4 - Write a program that asks the user to enter the...Ch. 4 - Write a program that simulates a bouncing ball by...Ch. 4 - You have three identical prizes to give away and a...Ch. 4 - Prob. 9PPCh. 4 - Holy digits Batman! The Riddler is planning his...Ch. 4 - Your country is at war and your enemies are using...Ch. 4 - Prob. 12PPCh. 4 - Prob. 13PPCh. 4 - Prob. 14PPCh. 4 - (Challenge) Repeat the previous project, but...Ch. 4 - Write a JavaFx application that displays a series...
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