In Assignment 3 we calculated Future Value using a formula:
FV = PV(1+i)t
Where PV is the amount you are going to invest, at interest ratei, for t time periods.
In this assignment, we will extend this, using loops. Our newformula is:
Vt+1 = Vt + (Vt * I)
This is the original way it was calculated, one period at atime. If you had ten time periods (t = 10), then you have to do tencalculations, with the FV at time t becoming the PV at t+1.
So build an application that will calculate Future Value of aninvestment, given the Present Value, the interest
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