Lab2_Nazeer_Ahmad.txt

// Will take two inputs, 100 each month and annual rate 
//Nazeer Ahmad Student_ID: *****
// scanner and then will out put 
// Formula = In * (1+(Interst/12))
import java.util.Scanner;
public class Lab2_Nazeer_Ahmad {
  public static void main(String[] args) {
      Scanner myInput = new Scanner(System.in);
      
      System.out.println("How much do you want to invest each month?");
      double money_invested = myInput.nextDouble();
      
      System.out.println("What is your annual interest rate (percentage)?");
      double interest_rate = myInput.nextDouble();
      
      double month_rate = interest_rate/100/12;
      double result = 0; // stores formula here
      //System.out.println(month_rate);
      
      
      // for loop less than eq to months
      for(int i = 1; i < 7; i++){
          result = (money_invested+result) * (1+month_rate);
          if(i == 1){
          System.out.println("After "+ i + " month, you will have " + result);
          }else if(i !=1)
          System.out.println("After "+ i + " months, you will have " + result);
      } 
  }
  
}