CODEWITHSUNDEEP
javascript
Sty Ly
Sty Ly

Reputation: 21

JavaScript calculating deposit in bank for 3 years

Problem: You have deposited a sum into your bank account for 3 years. The bank has announced an interest of 5% per year. Each time the interest is calculated and added to your deposit. You have to calculate the amount in your deposit for each year. Also I must print the number with two numbers after the decimal point.

let i = gets();
let input = Number(i);


let firstYear = input + (input*(5/100));
let secondYear = firstYear + (firstYear*(5/100));
let thirdYear = secondYear + (secondYear*(5/100));

let printFirst = firstYear.toFixed(2);
let printSecond = secondYear.toFixed(2);
let printThird = thirdYear.toFixed(2);

print(printFirst);
print(printSecond);
print(printThird);

Upvotes: 1

Views: 299

Answers (1)

Guillaume Landry
Guillaume Landry

Reputation: 13

You can use a for loop like this

for(let i=0;i < 3;i++){ 
    sum += sum * 0.05;
    console.log(`${i} year: ${sum.toFixed(2)}`)
}

Upvotes: 1

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