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Investment.java

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import java.util.*;

//This program asks the user for their bank account balance and determines the interest rate the individual wants to invest for a certain amount of time.

public class Investment {

private String name;

private double Balance;

private double interest;

private double numTime;

private int time;

public Investment(double myBalance, String myName) {

Balance = myBalance;

name = myName;

}

public double getBalance(){

return Balance;

}

public String getName(){

return name;

}

public void determineBalance(){

if(Balance >= 1000) {

Scanner myInput = new Scanner(System.in);

System.out.println("Determine your interest rate: ");

double myInterest = myInput.nextDouble();

myInterest = myInterest/100;

System.out.println("Determine how many times you want to compound interest with respect to time: ");

double mynumTime = myInput.nextDouble();

System.out.println("Determine how long do you want to invest: ");

int myTime = myInput.nextInt();

interest = myInterest;

numTime = mynumTime;

time = myTime;

double newBalance = Math.pow((Balance*(1+(interest/numTime))),numTime*time);

newBalance = newBalance/1000;

System.out.println("My new balance is $"+newBalance);

} else {

System.out.println("Sorry, you don't have the required funds to invest yet");

}

}

public static void main(String[] args) {

Scanner myInput = new Scanner(System.in);

System.out.println("What is your name?");

String myName = myInput.nextLine();

System.out.println("What is your bank balance?");

double myBalance = myInput.nextDouble();

Investment user = new Investment(myBalance, myName);

user.determineBalance();

}

}