vb.net saving analysis application
$30-5000 USD
Paid on delivery
Creating a Multiform Savings Analysis Application
The time value of money states that money invested in an account that earns interest will increase in value over time, and the longer you to invest, the more your investment will grow. You can calculate the value of an investment by using the intrinsic Visual [url removed, login to view] FV function, which includes five parameters:
***Future Value = FV(Interest/12, Term *12, -Additions, Initial Deposit, Pay Type)***
where Additions are monthly contributions, the Initial Deposit is the amount deposited when the account is opened, and Pay Type indicates whether additional deposits are made at the beginning or the end of the month.
As a student, you might have one or more student loans. Let’s say you need to begin repaying your loan in three years. Before the payments begin, you are looking for a safe investment to help you save for the loan payments you will make. Your bank offers 1-, 2-, and 3-year Certificate of Deposit (CD) accounts that require a minimum investment of $500 and pay 4%, 5%, and 6% respectively. You also have the option of making monthly deposits to the account, but you must determine the monthly amount at the time you open the account.
You are to create a multiform application to handle this scenario. Your solution should contain a code module and consist of three forms: a Savings Plan, a Monthly Savings Report, and an About form. The Saving Plan form should appear when you run the application.
## Deliverables
Creating a Multiform Savings Analysis Application
The time value of money states that money invested in an account that earns interest will increase in value over time, and the longer you to invest, the more your investment will grow. You can calculate the value of an investment by using the intrinsic Visual [url removed, login to view] FV function, which includes five parameters:
***Future Value = FV(Interest/12, Term *12, -Additions, Initial Deposit, Pay Type)***
where Additions are monthly contributions, the Initial Deposit is the amount deposited when the account is opened, and Pay Type indicates whether additional deposits are made at the beginning or the end of the month.
As a student, you might have one or more student loans. Let’s say you need to begin repaying your loan in three years. Before the payments begin, you are looking for a safe investment to help you save for the loan payments you will make. Your bank offers 1-, 2-, and 3-year Certificate of Deposit (CD) accounts that require a minimum investment of $500 and pay 4%, 5%, and 6% respectively. You also have the option of making monthly deposits to the account, but you must determine the monthly amount at the time you open the account.
You are to create a multiform application to handle this scenario. Your solution should contain a code module and consist of three forms: a Savings Plan, a Monthly Savings Report, and an About form. The Saving Plan form should appear when you run the application.
The application calculates the future value of money in a CD account, according to the following conditions:
1. A deposit of at least $500 is required to open the account.
2. The account will mature in 1, 2, or 3 years.
3. The annual interest rate depends on the CD term: 1 year, 4%; 2 years, 5%; 3 years, 6%.
4. Interest is compounded monthly.
5. You can make monthly deposits to your CD, but you must specify the monthly deposit amount when you open the account.
**Steps to follow:**
*Plan the application:*
Determine your inputs and output.
Draw a visual representation of the forms on a blank piece of paper.
*Design the user interface:*
Create a new project and solution.
Add the module.
Add the forms.
Add controls to the forms and set control properties.
*Write the code:*
Add the code to the project’s module.
Add the code to the forms.
*Test the solution.*
## Platform
on Windows XP.
Project ID: #3463546
About the project
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2 freelancers are bidding on average $32 for this job
