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Class com.roguewave.examples.money.currency.v1_0.Savings

java.lang.Object
   |
   +----com.roguewave.examples.money.currency.v1_0.Savings

public class Savings
extends Object
Example which demonstrates how a savings account grows. Shows how to use BigDecimal class.

Author:
Trevor Misfeldt

Constructor Index

 o Savings()

Method Index

 o main(String[])
Run program by using this command.

Constructors

 o Savings
 public Savings()

Methods

 o main
 public static void main(String args[])
Run program by using this command.

java com.roguewave.examples.money.currency.v1_0.Savings

Output should appear as follows:

 Yearly interest rate is 12.00%
 You are depositing $25.00 every month
 This computation will stop once you are a millionaire
 After 1 years, balance is $317.00
 After 2 years, balance is $674.00
 After 3 years, balance is $1,076.00
 After 4 years, balance is $1,530.00
 After 5 years, balance is $2,041.00
 After 6 years, balance is $2,617.00
 After 7 years, balance is $3,266.00
 After 8 years, balance is $3,998.00
 After 9 years, balance is $4,822.00
 After 10 years, balance is $5,750.00
 After 11 years, balance is $6,797.00
 After 12 years, balance is $7,976.00
 After 13 years, balance is $9,305.00
 After 14 years, balance is $10,802.00
 After 15 years, balance is $12,489.00
 After 16 years, balance is $14,390.00
 After 17 years, balance is $16,532.00
 After 18 years, balance is $18,946.00
 After 19 years, balance is $21,666.00
 After 20 years, balance is $24,731.00
 After 21 years, balance is $28,185.00
 After 22 years, balance is $32,076.00
 After 23 years, balance is $36,461.00
 After 24 years, balance is $41,403.00
 After 25 years, balance is $46,971.00
 After 26 years, balance is $53,245.00
 After 27 years, balance is $60,315.00
 After 28 years, balance is $68,281.00
 After 29 years, balance is $77,258.00
 After 30 years, balance is $87,374.00
 After 31 years, balance is $98,772.00
 After 32 years, balance is $111,616.00
 After 33 years, balance is $126,089.00
 After 34 years, balance is $142,397.00
 After 35 years, balance is $160,773.00
 After 36 years, balance is $181,481.00
 After 37 years, balance is $204,814.00
 After 38 years, balance is $231,107.00
 After 39 years, balance is $260,734.00
 After 40 years, balance is $294,119.00
 After 41 years, balance is $331,738.00
 After 42 years, balance is $374,127.00
 After 43 years, balance is $421,893.00
 After 44 years, balance is $475,717.00
 After 45 years, balance is $536,367.00
 After 46 years, balance is $604,709.00
 After 47 years, balance is $681,718.00
 After 48 years, balance is $768,494.00
 After 49 years, balance is $866,275.00
 After 50 years, balance is $976,458.00
 After 51 years, balance is $1,100,614.00
 


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