Answer to Question #5227 in Visual Basic for les
A financier wishes to have a program that will calculate the amount of money in an interest bearing account after a given number of years. The program needs to be written so that the user can input the ff. four data. Initial deposit, annual interest rate, number of years, number of compounds per year (including "c" for continuous).upon pressing the calculate button, the program should report the total in the account after each year up to the given number of years. This information should be shown in a list box. The interest must handle both decimal and percent. Use the following formulae:
Pt = Po(1+r/n)nt for a countable number of compounds where t is year, po is initial deposit, r annual interest rate, n is the annual compound.
For continuous compounding use this formula Pt= POen
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