// Fig. 5.6: Interest.java
// Compound-interest calculations with for.

public class Interest {
   public static void main(String[] args) {
      double principal = 1000.0; // initial amount before interest
      double rate = 0.05; // interest rate

      // display headers
      System.out.printf("%s%20s%n", "Year", "Amount on deposit");

      // calculate amount on deposit for each of ten years
      for (int year = 1; year <= 10; ++year) {                  
         // calculate new amount on deposit for specified year  
         double amount = principal * Math.pow(1.0 + rate, year);
                                                                
         // display the year and the amount                     
         System.out.printf("%4d%,20.2f%n", year, amount);       
      }                                                         
   } 
} 

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