Java Example

package edu.iuk.Interest;

//imports
import javax.swing.JOptionPane;

public class Interest {

  public static void main(String[] args) {

    // Jacob Morris
    // declare variables
    int savingsAmount;
    double currentSavings = 0.0;

    // get user input
    savingsAmount = Integer
      .parseInt(JOptionPane.showInputDialog(“Please enter the amount you are going to save (monthly)”));

    for (int i = 0; i < 6; i++) {

      // multiply by monthly interest rate
      currentSavings = (currentSavings + savingsAmount) * 1.00417;

    }

    // rounds account to two decimal places
    currentSavings = (double) Math.round(currentSavings * 100) / 100;

    // output user’s account total after six months
    System.out.println(“The account total after six months is $” + currentSavings);

  }

}