Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

In Java: Provide an application that calculates the money returned by an inverst

ID: 3788428 • Letter: I

Question

In Java:

Provide an application that calculates the money returned by an inverstor after a year where the number of shares he bought, the price of each share and the percentage of yearly dividend are provided from the keyboard. The output is in the following format with the number displayed in columns. For example: if the number of shares = 1500 with $45.29 per share and percentage of yearly dividend is 3.5% .

The formula to calculate the money returned is: Total money invested = Price of one share * number of shared

Total money returned: total money invested + total money invested * percentage of yearly dividend

Explanation / Answer

import java.util.*;

public class Shares
{
   public static void main (String[] args)
   {
      
       Scanner scan = new Scanner(System.in);
      
       System.out.println("Enter the number of shares");
       int shares = scan.nextInt();   // input number of shares
      
       System.out.println("Enter the price of one share");
       double pricePerShare = scan.nextDouble(); //input price per share
      
       System.out.println("Enter the percentage of yearly dividend");
       double perYearlyDiv = scan.nextDouble(); //input percentage of yearly dividend
      
       double totalMoneyInvested = pricePerShare * shares; //compute total money invested
      
       System.out.println("Total money invested : $"+totalMoneyInvested);

        double totalMoneyReturned = totalMoneyInvested + totalMoneyInvested * perYearlyDiv; //compute total money returned
      
        System.out.println("Total money returned : $"+totalMoneyReturned);
      
   }
}

output:

Hire Me For All Your Tutoring Needs
Integrity-first tutoring: clear explanations, guidance, and feedback.
Drop an Email at
drjack9650@gmail.com
Chat Now And Get Quote