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Write a program in java that puts into consideration the description below.

Write a program that accepts the amount of money deposited in a bank account, the annual interest rate and the target amount(The amount of money the acount holder wants to have in the account after a period of time) and then calculates the number of years it will take for the money to accumulate to the target amount. NB: 1) The interest being earned is compound interest. 2)Don't use the formula for calculating compound interest.

3rd Nov 2017, 8:54 AM
Dennis Mungai
Dennis Mungai - avatar
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