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Answer to Question #44783 in C# for Aman Kumar Saini

Question #44783
Develop a program that accepts a deposit amount and period of deposit. Calculate the maturity amount after the period of deposit. The bank pays 4% interest per year for any deposits made in the bank.
Expert's answer
using System;
using System.Collections.Generic;
using System.Linq;
using System.Text;
namespace maturity_amount
{
    class Program
    {
        /// <summary>
        /// Main method
        /// </summary>
        /// <param name="args"></param>
        static void Main(string[] args)
        {
            //variable for deposit Amount
            double depositAmount;
            //variable for period
            int period;
            //variable for maturity Amount
            double maturityAmount=0;
            //promt user to enter deposit amount
            Console.Write("Enter deposit amount: ");
            //read deposit amount
            depositAmount = double.Parse(Console.ReadLine());
            //promt user to enter period of deposit
            Console.Write("Enter period of deposit (in year): ");
            //read period of deposit
            period = int.Parse(Console.ReadLine());
            maturityAmount = depositAmount;
            //calculate maturityAmount
            for (int i = 0; i < period; i++) {
                maturityAmount += maturityAmount*0.04;
            }
            //show result
            Console.Write("Maturity amount after the period of deposit: $" + maturityAmount.ToString());
            //delay
            Console.ReadLine();
            
        }
    }
}

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