(Solved) : Given 1 P Deposit Principle 1 5000 2 R Interest Rate 675 3 N Compound Period Per Year 12 Q37186369 . . .
Given: 1 . P (deposit/principle) = $ 1 5000 2. r (interest rate)-6.75% 3. n (compound period per year) 12 How many years are needed to have the A- P1+ Find: interest accumulated above $30,000? Requirements: a) You need to input all info using Console. Write& Console.ReadLine. (see page 2) b) You have to use “Helper Method/Function/Subroutine” taught by Tim Yu in class to complete this project. (see page 3) You need to output A (future value), P (principle), r (interest rate), n (compound period per year) for each year you calculate until the interest is above S30,000. (see page 4) You need to output how many years it needs to have camed interest above $30,000. (see page 4) c) d) We were unable to transcribe this imageShow transcribed image text Given: 1 . P (deposit/principle) = $ 1 5000 2. r (interest rate)-6.75% 3. n (compound period per year) 12 How many years are needed to have the A- P1+ Find: interest accumulated above $30,000? Requirements: a) You need to input all info using Console. Write& Console.ReadLine. (see page 2) b) You have to use “Helper Method/Function/Subroutine” taught by Tim Yu in class to complete this project. (see page 3) You need to output A (future value), P (principle), r (interest rate), n (compound period per year) for each year you calculate until the interest is above S30,000. (see page 4) You need to output how many years it needs to have camed interest above $30,000. (see page 4) c) d)
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