Retirement.java
import java.util.*; /** * This program demonstrates a <code>while</code> loop. * @version 1.20 2004-02-10 * @author Cay Horstmann */ public class Retirement { public static void main(String[] args) { // read inputs Scanner in = new Scanner(System.in); System.out.print("How much money do you need to retire? "); double goal = in.nextDouble(); System.out.print("How much money will you contribute every year? "); double payment = in.nextDouble(); System.out.print("Interest rate in %: "); double interestRate = in.nextDouble(); double balance = 0; int years = 0; // update account balance while goal isn't reached while (balance < goal) { // add this year's payment and interest balance += payment; double interest = balance * interestRate / 100; balance += interest; years++; } System.out.println("You can retire in " + years + " years."); } }
C:\ece595_06\day04\Retirement>javac Retirement.java C:\ece595_06\day04\Retirement>java Retirement How much money do you need to retire? 500000 How much money will you contribute every year? 5000 Interest rate in %: 4 You can retire in 41 years.
Maintained by John Loomis, updated Mon Sep 02 11:41:04 2013