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Thread: NEED HELP GETTING MY ANNUITY PRORAM TO WORK!!! Quartley payment is $500 profit is... 6,255.12

  1. #1
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    Default NEED HELP GETTING MY ANNUITY PRORAM TO WORK!!! Quartley payment is $500 profit is... 6,255.12

    HERE IS MY CODE

    double p; //amount of payment
    double r;//APR is between 1.000% 10.000%
    double apr;
    double y;
    double n; //number of periods
    double v; //annuity value
    double profit;



    //Get quarterly payment
    System.out.println("\t\t\tEnter Quarterly Payment Amount:");
    Scanner keyboard = new Scanner(System.in);
    p = keyboard.nextFloat();

    //Get APR
    System.out.println("Enter APR:");
    apr = keyboard.nextFloat();
    r = (apr * .01); //Multiply by hundreths


    //Get Contract Length
    System.out.println("Enter Contract length.");
    y = keyboard.nextFloat();
    n = y * 4;


    //ECHO
    System.out.println("Quarterly Payment:" + p);
    System.out.println("APR:" + r);
    System.out.println("Contract Length: " + y);

    v = p * (Math.pow ( 1 + r , n ) - 1 ) / r ;

    System.out.println("Annuity Value:



    annuity should be 26,255.12 with an investment of $20,000 profit is $6,255


  2. #2
    Member Kewish's Avatar
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    Default Re: NEED HELP GETTING MY ANNUITY PRORAM TO WORK!!! Quartley payment is $500 profit is... 6,255.12

    Quote Originally Posted by bush.bryant View Post
    annuity should be 26,255.12 with an investment of $20,000 profit is $6,255
    1. What is your question (What is it doing, not doing, provide your test data to get the above).
    2. Paste your code in formatting tags
    3. Make sure your program compiles
    4. When taking user input, you don't need to use println. print by itself will suffice and allow you to take the input from the same line.
    5. Why all the hardcoded tabs in the first print statement?

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