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Problem Ch 03-1
Assume an interactive Java program which asks the user for his/her first name and last name, and outputs the user's initials.
-Refer to Problem Ch 03-1. Write a statement to guarantee that the initial will be a capital letter.
Future Value
The value of an investment or loan at a specific future date, considering interest or return earned over time.
Compound Interest
Interest calculated on the initial principal, which also includes all of the accumulated interest from previous periods on a deposit or loan.
Future Value
The estimated value of an investment at a specific date in the future, considering interest or growth over time.
Compounded Semiannually
Refers to the process where interest is calculated and added to the principal amount of an investment or loan twice a year.
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