Using Visual Studio , C# You want to deposit a certain amount of money into a savings account and then leave it alone to draw interest for the next 10 years. At the end of 10 years you would like to have $10,000 in the account. How much do you need ro deposit today to make that happen? You can use the present-value formula. P= F over (1+r)n The terms in the formula are as folllows: P is the present value, amount you need to deposit today. F is the future value that you want in the account.(F is $10,000). r is the annual interest rate. n is the number of years that you plan to let the money sit in the account. Write a method named PresentValue. Write a value returning PresentValue method that takes several arguments and computes the presentValue. Write a call to the method that sends the values held in the several variables that have been input. Use the Math.Pow(x,y) method for raising a number to a power in the math. Use a decimal value (not a decimal data type) for annual interest rate. For example: 4% interest rate, must be entered 0.04. Years is also a decimal value. Demonstrate the method in an application that lets the user experiment with different values for the formulas terms
Using Visual Studio , C#
You want to deposit a certain amount of money into a savings account and then leave it alone to draw interest for the next 10 years. At the end of 10 years you would like to have $10,000 in the account. How much do you need ro deposit today to make that happen? You can use the present-value formula.
P= F over (1+r)n
The terms in the formula are as folllows:
P is the present value, amount you need to deposit today. F is the future value that you want in the account.(F is $10,000). r is the annual interest rate. n is the number of years that you plan to let the money sit in the account.
Write a method named PresentValue. Write a value returning PresentValue method that takes several arguments and computes the presentValue. Write a call to the method that sends the values held in the several variables that have been input. Use the Math.Pow(x,y) method for raising a number to a power in the math. Use a decimal value (not a decimal data type) for annual interest rate. For example: 4% interest rate, must be entered 0.04. Years is also a decimal value.
Demonstrate the method in an application that lets the user experiment with different values for the formulas terms.
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