Creating A Program That Calculates Simple And Compound Interest
Aug 12, 2014
I need getting started designing and creating a program that calculates simple and compound interest. Simple interest in this case means that interest is only applied to the original amount. For instance, if a person deposits $1000 at 10% annual interest, then after one year they would have $1100 (the original $1000 plus the $100 interest) and after two years they would have $1200 (the original $1000, plus the $100 earned the first year, plus the $100 earned the second year).
With compound interest, the interest is applied to all money earned. So, starting with $1000 at 10% annual interest, after one year the user would have $1100 (the original amount plus $100 interest) and after two years the user would have $1210 (the $1100 they started with at the beginning of the year plus the $110 interest).
The requirements of this program are:
-Create a class that will hold methods to calculate the interest. Do not include the main method in this class.
-In the class that is used to calculate the interest, include a method to print to the screen, by interest period, the starting amount for the period, the interest earned for the period, and the total amount at the end of the period. Note that each period represents the time frame for how often it is updated. If annual is selected the period is every year. If it is semi-annual it is every six months. If it is quarterly it is every three months.
-Create a demo class that will use your interest calculation class. Prompt the user for the original amount, the type of interest (simple or compound), the annual interest rate, and whether it is updated annually, semi-annually, or quarterly. Use method calls to your calculate interest class to do all calculations and display the result. Loop the program until the user chooses to quit.
Sample output ($10000 initial investment, 10% simple interest, annual, for 4 years):
Period Beginning Amount Interest Earned Ending Amount
1 10000.00 1000.00 11000.00
2 11000.00 1000.00 12000.00
3 12000.00 1000.00 13000.00
4 13000.00 1000.00 14000.00
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Apr 10, 2014
/code
package com.eclipsedistilled.cis125;
import java.util.Scanner;
public class HowellBank {
public static void main(String[] args) {
//Written by George Torgerson
//Chapter 4 Link to Logic 7
//Program that accepts an account number, the account owner's first
//Declarations
int accountNumber;
[code]....
This is for college homework. Fictional bank. I would like the year to look like Year 1, Year 2, etc.
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Sep 15, 2011
I am trying to change this code to use only integers to calculate the compound interest.
// Compound-interest calculations with for.
public class Interest {
public static void main( String args[] ) {
double amount; // amount on deposit at end of each year
double principal = 1000.0; // initial amount before interest
double rate = 0.05; // interest rate
[Code] .....
And here is the output I get :
Why do I get the output after year 2? I assume it has something to do with the remainder.
I also have to format this output with the decimal point, etc.. which I think I will be ok with after I get through this part.
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May 21, 2014
I'm making a loan calculator that uses compound interest... I need the program to return the monthly payment, how much of it is principal and how much of it is interest, which depends on how many months into your loan you are... So basically all I need is the algorithm to calculate how much of your monthly payment (depending on how many months in you are) is interest and how much of it is principal.
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Oct 23, 2014
I succeed but with limit. the code is below. I cant use advanced material (really just the basics even without loops)
if statements are allowed, and i must use Final variables for key value.
I must use one class and one method (the main}|). I need to prompt the user for a entrance time and exit time, it must be with a space , like 18 00 and not 18:00
Also, if the entrance time is greater or equal to 18 00 the charge is always 20 dollars. If the user enters wrong data or out of range data an output of "ERROR WRONG DATA" and then the programs terminates. Same for wrong time . like if the enter hour is bigger than the exit hour an output of "ERROR entrance time must preccede exit"
for the first hour the output is "no charge",
for the second hour the charge is 10 dollars.
from the 3 hour for every 15 minutes an additional fee of 3 dollars.
for example if the user entered 10 00 and 13 20 , it should be 52 dollars
** it works for me but if the difference between the entered and exit hours is more then 3 it doesnt work. I could've added another if statements for the bigger hours but it will be very long.
I managed everything. except the last part. That calculates additional 3 dollar for each 15 minutes. what is did is.
converted everything to minutes.
subtract enter time from exit time.
and divide by 15.
thats give me the number of 15 minute periods.
if it last or equal to 4. no charge
else last or equal to 8 . 10 dollars
else...... here is the hard part.
if the total minutes wont divide even by 15 it wont work.
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Nov 19, 2014
Its a program that calculates Fibonacci number.This program uses recursion.
import java.util.Scanner;
public class FibonacciMemoization{
static int[] fib = new int[60];
public static void main(String[] args){
Scanner input = new Scanner(System.in);
System.out.print("Enter a Number :");
int number = input.nextInt();
[code]...
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Jul 23, 2008
Its just two problems:
1.Write a Java Program that calculates the change for a cashier. The program requests the cost of the item. The user then types in the cost. The program then outputs the cost of the item including the sales tax (use 6% as the sales tax value). The program next requests and recieves the amount tendered by the customer. Finally, the program outputs a summary of all figures, including the amount of change due to the customer. Name the program as Change.java.
This program has the following attributes and methods:
double cost;
double tax;
double payment;
double getCost();
double getTax();
[code].....
2. Create a java program named Numbers whose main() method holds two integer variables. Assign values to the variables. Pass both variables to methods named sum() and difference(). Create the methods sum() and difference(); these compute the sum and difference between the values of two arguments, respectively. Each method should perform the appropriate computation and display the results. Name the program as Numbers.java.
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Oct 5, 2014
i am very new to java programming what i am doing wrong here. Write a program that calculates how much an employee would earn over a period of time (in months), if, every month, the employee’ pay-per-hour rate is one dollar more than the month before (so if his starting perhour rate is 7.25, next month it will be 8.25, next month 9.25, and so on). The employee is going to work 20 hours per week, 4 weeks per month.
The program should input from the user and validate both number of months (which should be a positive integer larger than 0) and the pay-per-hour rate (which should be a floating-point number larger than $7.25 – the minimum federal wage pay-per-hour rate). For each one of these values; if the value is wrong, the program should repetitively ask for that value until the value entered is correct. The program should confirm/output the correct value.
/*
This program calculates how much as employee would earn if every month the employee pay per hour would increase by a dollar
*/
package nick.employee;
import java.util.Scanner;
public class nickemployee {
[Code]...
what i am doing wrong
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Sep 10, 2014
Write a Java program that calculates the area and volume of a cube, sphere, cylinder, and regular tetrahedron. Your program should obtain the necessary input for each of the objects from the console and output the input, area, and volume of the object. Use appropriate messages to guide the user of your program.
Here what i did, i am not sure if this is what the assignment want, but this is the best method i could come up with
//Khang Le
import java.util.Scanner;
public class InputAreaVolume {
public static void main(String[] args) {
[Code]......
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Aug 12, 2014
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Jan 8, 2014
I just cant seem to understand the order of precedence here.
class Test{
public static void main(String[] args){
int k = 1;
k += (k = 4) * (k + 2);
System.out.println( k );
}
}
From what I have read compound operators have the lowest order of precedence... But the above piece of code makes the assignment k = 1 + (k = 4) * (k + 2) before evaluating the rest of the statement first.
It then evaluates (k = 4) and proceeds with the remained of the statement 1 + 4 * (4 + 6)....
I dont understand why the first k is assigned 1 but the remaining ks 4. Should they not all be 1 or 4 (I would have thought 4, since += has the lost order of precedence so is evaluated last)??
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Nov 23, 2014
I'm getting back into the swing of things with Java after using I'm asked to utilize a simple GUI in order to take in the starting data, I cannot seem to get this to work. I'm getting this error Exception in thread "main" java.lang.NullPointerException
at java.awt.Container.addImpl(Unknown Source)
at java.awt.Container.add(Unknown Source)
at Input.buildPanel(Input.java:53)
at Input.<init>(Input.java:27)
at InputDemo.main(InputDemo.java:5)
I've created two classes
import javax.swing.*;
public class Input extends JFrame {
private JPanel panel;
private JLabel messageLabel;
private JLabel messageLabel1;
private JLabel messageLabel2;
private JTextField shiftHrs;
[code]....
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Dec 14, 2014
I have my program set up I thought correctly. When I click the buttons, nothing is happening.
import javax.swing.*;
import java.awt.*;
import java.awt.event.*;
public class RobertMaloneChapter18 extends JFrame
{
//set final sizes for window
private static final int WIDTH = 300;
private static final int HEIGHT = 200;
[code]....
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Jun 28, 2014
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package asgn2;
import acm.graphics.*;
import acm.program.*;
public class pyramid extends GraphicsProgram {
private static final int BRICK_WIDTH = 30;
private static final int BRICK_HEIGHT = 12;
private static final int BASE_BRICKS =14;
[code]...
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Apr 9, 2014
This is a simple project that i was using to test my current java knowledge (kinda like revision) and for that i used two classes to make a simple averaging program. i know i0m making it more difficult but like i said i'm testing myself but i come up with an unexpected error. Here's the code:
- 1st Class
import java.util.Scanner;
public class Main {
public static int num;
public static int total = 0;
public static int average;
[Code].....
Now the problem is after inputing the numbers it doesn't give me the average but the value of 0.
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Mar 26, 2015
I'm trying to read lines from a textfile and count all the words using String Tokenizer. However I keep getting an error "Unhandled exception type FileNotFoundException" on my IDE(Eclipse) referring to lines 13 and 8. When I let the IDE automatically, and I've even tried typing this manually, insert a try-catch block more errors show up concerning inputFile. When I insert the throws FileNotFoundException for each method it compiles but after running it gives me a FileNotFoundException for textfile.txt. What's even more interesting is that when I copy the .java file out of the IDE project folder, place it in a random empty folder on the Desktop with the textfile.txt, and try running it through command line, it gives a NoSuchElementException: No line found.
import java.util.Scanner;
import java.util.StringTokenizer;
import java.io.*;
[Code].....
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Nov 1, 2014
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import java.util.Scanner;
/*Program that encrypts then decrypts a sentence
Encryption
*/
public class Encryption extends java.swing.JFrame{
[code]....
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Mar 11, 2015
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here's my code;
import javax.swing.JPanel;
import javax.swing.JButton;
import javax.swing.JFrame;
import java.awt.BorderLayout;
[code]...
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Nov 19, 2014
My code below is trying to make a connect four program without GUI. I'm having trouble with getting the players to make their moves. What should I put in my "makeAMove" method...
Java Code:
public class Connect
final static int MAXROW = 6;
final static int MAXCOL = 7;
public static void main(String[] args){
[code]....
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Jan 22, 2014
I am having a difficult time writing what started out as a simple vending machine program. As I go on though, it seems that I'm overcomplicating it and it is getting messy, so I have resorted to the forum before I really get off the path. how to clean it up? I'm going to list a few of the problems I am having with the code below:
1. The user is supposed to enter his/her money and the program is to read each value separately (Do-While loop) and keep a running total of the money entered. I can't seem to get the right code format to do this. I was trying to do this with the variable total and so that is why the total exists in the switch statement, but it did not work.
2. In the second Do-While statement, is there a way to kick back an error when their are insufficient funds to purchase an item? Instead of getting a negative change return.
package practice;
import java.util.Scanner;
public class Practice {
public static void main(String[] args) {
double count, total;
int item;
//Display Available Options To Customer
Scanner input = new Scanner(System.in);
System.out.println("*VENDING MACHINE*");
[code]....
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Sep 13, 2014
I'm very new to Java (I literally started learning it yesterday) and I've been working on a simple program that's meant to simulate interactions between optics objects and light rays.
Everything has been going really well, except that my mirrors only reflect the first ray that comes in contact with them.
Here's a screenshot : 2014-09-13 at 7.39.23 PM.jpg
I wrote 7 classes:
Main class to create the optics objectOptics class. the most important class that uses a recursive function to detect the nearest intersection point of a ray with the nearest optics object. It then calculates a reflected ray and inputs it back into the function until no intersections are found or the max recursion depth is met.Ray. creates a rays (in parametric form O + tD where O is the origin, D is the direction and t is a non-negative scalar)Object. empty abstract class used for polymorphism (so when i add more optics objects like prisms and lenses they'll share the object type)Mirror. Basically a line segment created with the Line classLine. Creates a line segmentDraw. JComponent with paintComponent function that loops through an array of shapes and draws them to the screen.
What I know so far is that the problem boils down to the checkRay() function in the Optics class. When a mirror has already reflected a ray, the line:
Intersection sec = new Intersection(ray,(Mirror)obj);
creates an intersection with a null point.
I debugged it line by line and found the problem was that my variable 't' (that is the parameter for the parametric line which represents the mirror) in the Intersection class got big values when it's meant to be between 0 and 1 (since it's a line segment), which resulted in the function returning null (as it should when 't' is not between 0 and 1).
I've confirmed with tests that this has nothing to do with the specific mirror or angle of incidence. It only occurs when a mirror has already been intersected with by a ray.
I've found out that my function:
public PVector getNormal(PVector D){
D.normalize();
return new PVector(D.y,-D.x);
}
Changes the value of the 'D' PVector of the mirror inside my 'objects' ArrayList. How can it access the private PVector 'D' from outside the Mirror class? This normalization to the direction vector is what causes the Intersection class to return null the second time around!
The problem was that in the getNormal function, the input vector argument was a reference to the 'D' vector for the mirror in my 'objects' ArrayList so the .normalize() function acted upon the original vector, changing it's value and screwing things up. The two classes I talked about:
Optics: (note line 64. this line returns a null intersection when it shouldn't)
package ofer.davidson;
import java.util.ArrayList;
public class Optics {
//Arrays to store all the optics objects and rays that are created
ArrayList<Object> objects;
ArrayList<Ray> rays;
[Code] .....
Also why doesn't my background turn white??
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Feb 20, 2014
I'm creating a program that will compile and run another java program:Lets say I have a program in directory
D:HelloWorldsrc
and compiled program will be in
D:HelloWorldin
inside src and bin is a folder hello (that's a package)
package hello;
public class HelloWorld {
public static void main(String[] args) {
System.out.println("Hello World");
System.out.println("Hello World");
}
}
This program will be run by another program (that's the program that I am creating).Here is the code of my program:
package runnercompiler;
import java.io.IOException;
import java.io.InputStream;
import java.util.logging.Level;
import java.util.logging.Logger;
public final class RunnerCompiler {
[code]....
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Apr 28, 2015
Is there some way to create compound shapes/paths in JavaFX?
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May 13, 2015
This is the code that I wrote but I have two problem with two buttons one of them ... I want to delete the selected text inside the text Area which represented as b[8] and the other button that I want to select parts of the texts which represented as b[0]....
Here is the code..
package KOSAR2;
import java.awt.BorderLayout;
import java.awt.Container;
import java.awt.GridLayout;
import java.awt.event.ActionEvent;
import java.awt.event.ActionListener;
import javax.swing.JButton;
import javax.swing.JFrame;
[Code] .....
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May 12, 2015
So I'm trying to make a simple program which takes in an argument (target) and then looks through an ArrayList of strings. If it finds a string that begins with (target) then it will return the index of that string. If it doesn't find a string which begins with (target) then it will return -1 instead.
For some reason, the program is always returning -1, rather than the index of the string within the ArrayList when there is one which matches the search criteria.
Here is the code:
public int getIndex(ArrayList<String> text, String target)
{
int i = 0;
int index = -1;
boolean found = false;
[Code].....
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Apr 26, 2015
Write a program to simulate the operation of a simple robot. The robot moves in four directions: Forward, backwawrd, left, and right. The job of the robot is to move items and place it in the right slots in each station. There are 8 stations plus the pickup station. Pick up station is the initial start where the robot picks the items. 8 items can be placed on each station. The nearest station must be filled before placing items on the next station. The items are marked with identification or serial numbers. The items with odd serial number go to the right and items with even number go to the eft. The last slot, number 7 is reserved for light items which are less than 80kg. The serial number is a five digit number, the MSB digit 5 indicates that the product must be placed in the fifth station which is keeping the product at 20 degree F.
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