//Interest.java
/*Mr. Brown invests $50,000.00 in a savings account yielding 5 percent interest. 
 * Assuming that all interest is left on deposit, write java codes to calculate and print 
 * the amount of money in the account at the end of each year for 10 years.
 * Use the following formula for determining these amounts:
 * a=P(1+r)n
 * Where:
 * P is the original amount invested i.e. the principal
 * r is the annual interest rate
 * n is the number of years
 * a is the amount on deposit at the end of the nth year
 * */
 
public class Interest {
 
	public static void main(String[] args) {
		double P=50000.00;
		double r=0.05;
		int n;
		for(n=1; n<=10; n++);
 
		System.out.println("The amount at the end of the first year is:" + P*(1+r)); 
 
/*this only prints the result for the first year and I would like to use this result as the principal for the second year and the subsequent for the 3rd year and so on..**/
 
	}
 
}

Math.pow(P*(1+r), n)

p * Math.pow((1+r),n);

for(n=1; n<=10; n++) {
  P = P * (1+r); // a better solution would be to have r = 1.05
  System.out.println("The amount at the end of the year " + n + " is:" + P);
}