Programming Problems

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- Suppose you want to deposit a certain amount of money into a savings account and then leave it alone to draw interest for the next 10 years. At the end of 10 years you would like to have $10,000 in the account. How much do you need to deposit today to make that happen? You can use the following formula, which is known as the present-value formula, to find out:

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The terms in the formula are as follows:

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- P is the
*present value*, or the amount that you need to deposit today. - F is the
*future value*that you want in the account. (In this case, F is $10,000.) - r is the
*annual interest rate*. - n is the
*number of years*that you plan to let the money sit in the account.

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Write a method named PresentValue that performs this calculation. The method should accept the future value, annual interest rate, and number of years as arguments. It should return the present value, which is the amount that you need to deposit today. Demonstrate the method in an application that lets the user experiment with different values for the formula’s terms.

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Please note: The formula is not the important part of this question. You can put your own simple formula instead. note: please send the zip file compressed so I can email professor with the work and I can actually see it as well that works thank you.

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