package chp1;
import java.text.NumberFormat;
import java.util.Locale;
import javax.swing.JOptionPane;
import javax.swing.JTextArea;
public class Interest {
public static void main( String args[] )
{
double amount;
double principal = 1000.0;
double rate = 0.05;
NumberFormat moneyFormat =
NumberFormat.getCurrencyInstance( Locale.US );
JTextArea outputTextArea = new JTextArea();
outputTextArea.setText( "Year\tAmount on deposit\n" );
for ( int year = 1; year <= 10; year++ ) {
amount = principal * Math.pow( 1.0 + rate, year );
outputTextArea.append( year + "\t" +
moneyFormat.format( amount ) + "\n" );
}
JOptionPane.showMessageDialog( null, outputTextArea,
"Compound Interest", JOptionPane.INFORMATION_MESSAGE );
System.exit( 0 );
}
}
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