MITS4002 Object-Oriented Software Development Assignment- Victorian Institute Of Technology Australia.

This assessment item relates to the unit learning outcomes as in the unit descriptors.This checks your understanding about object-oriented software development.
MITS4002 Object-Oriented Software Development Assignment- Victorian Institute Of Technology Australia.

This assessment covers the following LOs.
LO1 Demonstrate understanding of classes, constructors, objects, data types and instantiation;

Convert data types using wrapper methods and objects
LO2 Independently analyse customer requirements and design object-oriented programs using scope, inheritance, and other design techniques; Create classes and objects that access variables and modifier keywords. Develop methods using parameters and return values.

LO3 Demonstrate adaptability in building control and loop structures in an object-oriented environment; Demonstrate use of user defined data structures and array manipulation.

Rubrics for MITS4002 Activity 03

Project: Calculating Future Investment Value
Problem Description:
Write a program that reads in investment amount, annual interest rate, and number of years, and displays the future investment value using the following formula:
and displays the future investment value using the following formula:
future Investment Value =
investment Amount * (1 + monthly Interest Rate) number Of Years*12
For example, if you enter amount 1000, annual interest rate 3.25%, and number of years 1, the future investment value is 1032.98.
Hint: Use the Math.pow (a, b) method to compute a raised to the power of b.
Here is a sample run:

MITS4002 Object-Oriented Software Development Assignment- Victorian Institute Of Technology Australia.

Sample 1:
Enter investment amount: 1000
Enter annual interest rate: 4.25
Enter number of years: 1
Accumulated value is $1043.34

MITS4002 Object-Oriented Software Development Assignment- Victorian Institute Of Technology Australia.

Design: (Describe the major steps for solving the problem.)

Coding: (Copy and Paste Source Code here. Format your code using Courier 10 pts)

Output screenshot: (Paste your output screenshot here)

Testing: (Describe how you test this program)

Submit the following items:
1.This Word document to Moodle (you must submit the program regardless whether it complete or incomplete, correct or incorrect)