Certificate of Deposit.
Write a program that can be used by an investor to see how much money he will accumulate at a certain interest rate over a certain period of time.....
You can use either a For....Next or a Do While.... Loop structure for this program.
So if the user enters the following
Initial Investment (How many dollars?)
Length of investment (years)
Interest Rate (Yearly % rate)
The program should calculate
How much money i have after the length of investment.
You must pay me compounded interest.
Sophistication
/6 Coding and Correct Answer
/2 Colour
/2 Make the interest so it is compounded monthly... However i still want to
enter my yearly Interest Rate