/**
 * Calculate compound interest. 
 * 
 * @author John Paxton
 * @version September 24, 2008 
 */

public class TestProgram
{
    public static void main (String [] args)
    {
        double principal;           // starting money to invest
        double rate;                // interest rate
        int numberPeriods;          // number of compounding periods per year
        int timePeriod;             // number of years to compound
        double amount;              // final amount after compounding
        
        principal = 1500.00;
        rate = .043;
        numberPeriods = 4;
        timePeriod = 6;
        
        amount = principal * 
            Math.pow ((1 + rate / numberPeriods), numberPeriods * timePeriod);
            
        System.out.format("The compounded amount = $%.2f", amount);
        
        
    }
}