Answer to Question #52985 in C# for Moorthy

Question

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.

Answer 1

using System;
using System.Collections.Generic;
using System.Linq;
using System.Text;

namespace ConsoleApplication2
{
class A
{
public double maturity_amount(double amount,double period)
{
double maturity_amount = amount * (1.0 + (period / 12.0) * 0.04);
return maturity_amount;

}
}
class Program
{
static void Main(string[] args)
{
double amount,period;
A ob = new A();
Console.WriteLine("Enter a deposit amount: ");
amount = Convert.ToDouble(Console.ReadLine());
Console.WriteLine("Enter a period of deposit (in mounth): ");
period = Convert.ToDouble(Console.ReadLine());
Console.WriteLine("The maturity amount after the period ("+period+") of deposit is " + ob.maturity_amount(amount,period));
Console.ReadLine();


}
}
}