Question

Write an inflation calculator. Input should be amount, rate of inflation and number of years. Output should be the future value of the amount.

-Java need help please

Answer 1

//InflationCalculator.java
import java.util.Scanner;
public class InflationCalculator {
    public static void main(String[] args) {
        double amount, rate;
        int years;
        Scanner scanner = new Scanner(System.in);

        System.out.print("Enter amount: ");
        amount = scanner.nextDouble();
        System.out.print("Enter inflation rate: ");
        rate = scanner.nextInt();
        System.out.print("Enter number of years: ");
        years = scanner.nextInt();

        for(int i = 0;i<years;i++){
            amount = amount + (amount*rate/100.0);
        }

        System.out.println("Final amount = "+amount);
    }
}