/*Write a method that computes the balance of a bank account with a given initial balance

and interest rate, after a given number of years. Assume interest is com­pounded yearly.*/

import java.util.Scanner;

public class P5_22 {

public static void main(String[] args) {

Scanner input = new Scanner(System.in);

System.out.print("Please enter initial balance: ");

double initialBalance = input.nextDouble();

System.out.print("Please enter interest rate: ");

double interestRate = input.nextDouble();

System.out.print("Please enter years: ");

int years = input.nextInt();

input.close();

System.out.printf("Balance is: %.2f", balance(initialBalance, interestRate, years));

}

public static double balance(double initialBalance, double interestRate, int years) {

double interest = initialBalance * (interestRate / 100.0);

double balance = initialBalance + interest;

while (years > 0) {

balance += interest;

interest = balance * (interestRate / 100.0);

years--;

}

return balance;

}

}