50% deduction for Late Submission within one week
0 mark for Late Submission more than one week
0 mark for duplicated Submission or Shared Work

You will be marked based on your submitted zipped file on Moodle. You are most welcome to check your file with your lab tutor before your submission. No excuse will be accepted due to file corruption, absence from lecture or lab classes where details of lab requirements may be given. Please make sure that you attend Lecture EVERY WEEK as low attendance may result in academic penalty or failure of this unit.

Student ID:
Student full name:
Total Points (20 pts):

Project : Calculating Future Investment Value

Problem Description :
Write a program that reads in investment amount, annual interest rate, and number of years, and displays the future investment value using the following formula: and displays the future investment value using the following formula:

futureInvestmentValue = investmentAmount * (1 + monthlyInterestRate)^numberOfYears*12

For example, if you enter amount 1000, annual interest rate 3.25%, and number of years 1, the future investment value is 1032.98.

Hint: Use the Math.pow(a, b) method to compute a raised to the power of b.
Here is a sample run:

Sample 1 :

Enter investment amount : 1000
Enter annual interest rate : 4.25
Enter number of years : 1
Accumulated value is 1043.34

Sample 2 :

Enter investment amount : 1000
Enter annual interest rate : 4.25
Enter number of years : 1
Accumulated value is 1043.34 Analysis : (Describe the problem including input and output in your own words.)

Design : (Describe the major steps for solving the problem.)

Coding : (Copy and Paste Source Code here. Format your code using Courier 10pts)

Output screenshot : (Paste your output screenshot here)

Testing : (Describe how you test this program)

Submit the following items :

This Word document to Moodle (you must submit the program regardless whether it complete or incomplete, correct or incorrect)

To Continue Click Here > MITS4002 OBJECT ORIENTED SOFTWARE DEVELOPMENT Activity 03.pdf