Starting Out with Java: From Control Structures through Objects (7th Edition) (What's New in Computer Science)
7th Edition
ISBN: 9780134802213
Author: Tony Gaddis
Publisher: PEARSON
expand_more
expand_more
format_list_bulleted
Concept explainers
Videos
Textbook Question
Chapter 5, Problem 16PC
Present Value
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:
The terms in the formula are as follows:
- 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.
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 a
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
What does the value of the top variable indicate in this ArrayStack implementation?
What will happen if we call pop on this stack? What value will be returned, and what changes will occur in the array and the top variable?
3. If we push the value "echo" onto the stack, where will it be stored in the array, and what will be the new value of top?
4. Explain why index 0 contains the string "alpha" even though top is currently 3.
5. What would the state of the stack look like (values in the array and value of top) after two consecutive pop 0 operations?
Please solve and show all work.
Suppose there are four routers between a source and a destination hosts. Ignoring fragmentation, an IP datagram sent from source to destination will travel over how many interfaces?
How many forwarding tables will be indexed to move the datagram from the source to the destination?
Please solve and show all work.
When a large datagram is fragmented into multiple smaller datagrams, where are these smaller datagrams reassembled into a single large datagram?
Chapter 5 Solutions
Starting Out with Java: From Control Structures through Objects (7th Edition) (What's New in Computer Science)
Ch. 5.1 - What is the difference between a void method and a...Ch. 5.1 - Prob. 5.2CPCh. 5.1 - Prob. 5.3CPCh. 5.1 - What message will the following program display if...Ch. 5.1 - Prob. 5.5CPCh. 5.2 - What is the difference between an argument and a...Ch. 5.2 - Prob. 5.7CPCh. 5.2 - Prob. 5.8CPCh. 5.2 - Prob. 5.9CPCh. 5.2 - What will the following program display? public...
Ch. 5.4 - Prob. 5.11CPCh. 5.4 - Prob. 5.12CPCh. 5.4 - Prob. 5.13CPCh. 5.4 - Prob. 5.14CPCh. 5 - This type of method does not return a value. a....Ch. 5 - Prob. 2MCCh. 5 - Prob. 3MCCh. 5 - Prob. 4MCCh. 5 - A value that is passed into a method when it is...Ch. 5 - Prob. 6MCCh. 5 - Prob. 7MCCh. 5 - Prob. 8MCCh. 5 - Prob. 9MCCh. 5 - True or False: You terminate a method header with...Ch. 5 - Prob. 11TFCh. 5 - Prob. 12TFCh. 5 - Prob. 13TFCh. 5 - Prob. 14TFCh. 5 - Prob. 15TFCh. 5 - Prob. 16TFCh. 5 - Prob. 17TFCh. 5 - True or False: No two methods in the same program...Ch. 5 - True or False: It is possible for one method to...Ch. 5 - True or False: You must have a return statement in...Ch. 5 - Prob. 1FTECh. 5 - Look at the following method header: public static...Ch. 5 - Prob. 3FTECh. 5 - Prob. 4FTECh. 5 - Prob. 1AWCh. 5 - Here is the code for the displayValue method,...Ch. 5 - Prob. 3AWCh. 5 - What will the following program display? public...Ch. 5 - A program contains the following method...Ch. 5 - Prob. 6AWCh. 5 - Prob. 7AWCh. 5 - Write a method named square that accepts an...Ch. 5 - Write a method named getName that prompts the user...Ch. 5 - Write a method named quartersToDol1ars. The method...Ch. 5 - Prob. 1SACh. 5 - Prob. 2SACh. 5 - What is the difference between an argument and a...Ch. 5 - Where do you declare a parameter variable?Ch. 5 - Prob. 5SACh. 5 - Prob. 6SACh. 5 - Prob. 1PCCh. 5 - Retail Price Calculator Write a program that asks...Ch. 5 - Rectangle AreaComplete the Program If you have...Ch. 5 - Paint Job Estimator A painting company has...Ch. 5 - Prob. 5PCCh. 5 - Celsius Temperature Table The formula for...Ch. 5 - Test Average and Grade Write a program that asks...Ch. 5 - Conversion Program Write a program that asks the...Ch. 5 - Distance TraveLed Modification The distance a...Ch. 5 - Stock Profit The profit from the sale of a stock...Ch. 5 - Multiple Stock Sales Use the method that you wrote...Ch. 5 - Kinetic Energy In physics, an object that is in...Ch. 5 - isPrime Method A prime number is a number that is...Ch. 5 - Prime Number List Use the isPrime method that you...Ch. 5 - Even/Odd Counter You can use the following logic...Ch. 5 - Present Value Suppose you want to deposit a...Ch. 5 - Rock, Paper, Scissors Game Write a program that...Ch. 5 - ESP Game Write a program that tests your ESP...
Additional Engineering Textbook Solutions
Find more solutions based on key concepts
What are some of the common causes for failure of mechanically fastened joints?
Degarmo's Materials And Processes In Manufacturing
Look at the following declaration: enum Flower { ROSE, DAISY, PETUNIA }; In memory, what value will be stored f...
Starting Out with C++ from Control Structures to Objects (9th Edition)
For the circuit shown, use the node-voltage method to find v1, v2, and i1.
How much power is delivered to the c...
Electric Circuits. (11th Edition)
Determine the magnitude of F2 which will cause the reaction C, at the bearing C to be equal to zero. The bearin...
INTERNATIONAL EDITION---Engineering Mechanics: Statics, 14th edition (SI unit)
Change in Salary A common misconception is that if you receive a 10 pay raise and later a 10 pay cut, your sala...
Introduction To Programming Using Visual Basic (11th Edition)
What is denormalization?
Database Concepts (8th Edition)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, computer-science and related others by exploring similar questions and additional content below.Similar questions
- Please solve and show all steps. True or false? Consider congestion control in TCP. When the timer expires at the sender, the value of ssthresh is set to one-half of the last congestion window.arrow_forwardPlease solve and show all work. What are the purposes of the SNMP GetRequest and SetRequest messages?arrow_forwardPlease solve and show all steps. Three types of switching fabrics are discussed in our course. List and briefly describe each type. Which, if any, can send multiple packets across the fabric in parallel?arrow_forward
- Please solve and show steps. List the four broad classes of services that a transport protocol can provide. For each of the service classes, indicate if either UDP or TCP (or both) provides such a service.arrow_forwardPlease solve and show all work. What is the advantage of web caches, and how does it work?arrow_forwardPlease solve and show steps. Consider a DASH system for which there are N video versions (at N different rates and qualities) and N audio versions (at N different rates and qualities). Suppose we want to allow the player to choose at any time any of the N video versions and any of the N audio versions. If we create files so that the audio is mixed in with its matched-rate video and the server sends only one media stream at a given time, how many files will the server need to store (each with a different URL)? If the server instead sends the audio and video streams separately and has the client synchronize the streams, how many files will the server need to store?arrow_forward
- Please solve and show all work. Recall that TCP can be enhanced with SSL to provide process-to-process security services, including encryption. Does SSL operate at the transport layer or the application layer?arrow_forwardPlease solve and show all work. Compute the checksum of the words 1011 1001, 1001 1110, and 0111 1011. Show all work.arrow_forwardPlease solve and show all work. Suppose you can access the caches in the local DNS servers of your department. Can you propose a way to roughly determine the Web servers (outside your department) that are most popular among the users in your department? Explainarrow_forward
- Please solve and show all work. Thank you. Suppose Host A sends two TCP segments back to back to Host B over a TCP connection. The first segment has sequence number 120; the second has sequence number 170. How much data is in the first segment? Suppose that the first segment is lost but the second segment arrives at B. In the acknowledgment that Host B sends to Host A, what will be the acknowledgment number?arrow_forwardIn Matlab script, how would you compute a Reimann sum to approximate the area under the y=sin(x) from a =0 to b = p1/2 with n=6 subintervals using left-endpoints. Use for loop. Assign the result to Lsum.arrow_forwardplease solve using the first step i did which was c(n,n) = 1/C(5,5) = 1. <n=5> P(n,n) = n!/p(8,8)= 8! <n=8>arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
C++ for Engineers and ScientistsComputer ScienceISBN:9781133187844Author:Bronson, Gary J.Publisher:Course Technology Ptr
C++ Programming: From Problem Analysis to Program...Computer ScienceISBN:9781337102087Author:D. S. MalikPublisher:Cengage Learning
EBK JAVA PROGRAMMINGComputer ScienceISBN:9781337671385Author:FARRELLPublisher:CENGAGE LEARNING - CONSIGNMENT
COMPREHENSIVE MICROSOFT OFFICE 365 EXCEComputer ScienceISBN:9780357392676Author:FREUND, StevenPublisher:CENGAGE L
Programming with Microsoft Visual Basic 2017Computer ScienceISBN:9781337102124Author:Diane ZakPublisher:Cengage Learning
Microsoft Visual C#Computer ScienceISBN:9781337102100Author:Joyce, Farrell.Publisher:Cengage Learning,
C++ for Engineers and Scientists
Computer Science
ISBN:9781133187844
Author:Bronson, Gary J.
Publisher:Course Technology Ptr
C++ Programming: From Problem Analysis to Program...
Computer Science
ISBN:9781337102087
Author:D. S. Malik
Publisher:Cengage Learning
EBK JAVA PROGRAMMING
Computer Science
ISBN:9781337671385
Author:FARRELL
Publisher:CENGAGE LEARNING - CONSIGNMENT
COMPREHENSIVE MICROSOFT OFFICE 365 EXCE
Computer Science
ISBN:9780357392676
Author:FREUND, Steven
Publisher:CENGAGE L
Programming with Microsoft Visual Basic 2017
Computer Science
ISBN:9781337102124
Author:Diane Zak
Publisher:Cengage Learning
Microsoft Visual C#
Computer Science
ISBN:9781337102100
Author:Joyce, Farrell.
Publisher:Cengage Learning,
Python Tutorial #10; Math Functions in Python; Author: Art of Engineer;https://www.youtube.com/watch?v=OviXsGf4qmY;License: Standard YouTube License, CC-BY