Hello all again... New to VB and having to write some more code for the older system at work. This one has whacked me hard.
I Need a program that is windows based and on a button click is going to calculate intrest and compound interest. based off the amount original put in.
i.e. When $1000 is invested at %5 simple interest, the amount grows by $50 each year. When money is invested at 5% interest compounded annually, the amount at the end of each year is 1.05 times the amount at the beginning of that year. I need to Display the amounts for 9 years for a $1000 investment at %5 simple and Compound interest
year AmountSimpleIntrest AmountCompundIntrest
1 $1,050.00 $1,050.00
2. $1,100.00 $1,102.50
etc... for a total of 9 years. I need to do this on a button click on a windows form... any one have any idea how to do this?? Thank you in advance..