Using BigDecimal For Mathematical Formulas

Apr 20, 2014

How to convert the equation below for bigDecimal objects. I have already tried this, and this and the output is really weird once I call the method. The first block of code is what I'm trying to convert into BigDecimal arithmetic.

public static double calculateFutureValue(double monthlyInvestment,
double monthlyInterestRate, int months) {
double futureValue = 0;
for (int i = 1; i <= months; i++) {

[Code] ....

My attempt at this is as follows:

public static BigDecimal calculateFutureValue(double monthlyInvestment,
double monthlyInterestRate, int months) {
BigDecimal futureValue = new BigDecimal(0.0);
BigDecimal montlyInvestmentDecimal = new BigDecimal(monthlyInvestment);

[Code] ....

Output:
Welcome to the Future Value Calculator

DATA ENTRY
Enter monthly investment: 1
Enter yearly interest rate: .01
Enter number of years: 3
Month: 1 FutureValue: 0E-66
Month: 2 FutureValue: 0E-132
Month: 3 FutureValue: 0E-198
Month: 4 FutureValue: 0E-264
Month: 5 FutureValue: 0E-330

[Code] ....

FORMATTED RESULTS
Monthly investment: $1.00
Yearly interest rate: 0.0%
Number of years: 3
Future value: 0E-2376

Continue? (y/n):

So clearly this still isn't working.

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