/*
 * CompoundingDemo.java
 *
 * Created on March 18, 2002, 11:04 PM
 */

/**
 *
 * @author  mike
 * @version 
 */
public class CompoundingDemo {

    /** Creates new CompoundingDemo */
    public CompoundingDemo() {
    }

    public static final double INTRATE = 0.05;
    public static final double INITBAL = 5000;
    /**
    * @param args the command line arguments
    */
    public static void main (String args[]) {
        double dailyInt;
        double monthlyInt;
        RevisedAccount testDaily = new RevisedAccount(); 
        // could ask user for the initial amounts but just did the quick way for demo
        testDaily.setBal(INITBAL);      
        testDaily.setIntRate(INTRATE); // also need to set interest rate – something new
        RevisedAccount testMonthly = new RevisedAccount();
        testMonthly.setBal(INITBAL);       
        testMonthly.setIntRate(INTRATE); // also need to set interest rate
        // how accurate do we want this? – lets do it approximately - assume 30 days every month
        // do 12 months
        for (int mon = 0; mon < 12; mon++) {
            // do 30 days within the month
            for (int day = 0; day < 30; day++) {
                dailyInt = testDaily.payInterest(1);    
                System.out.println("Daily interest for day " + (day+1) + " is: " + dailyInt);
            }
            monthlyInt = testMonthly.payInterest(30);  
            System.out.println("Monthly interest for month " + (mon+1) + " is: " + monthlyInt);
            System.out.println("type any letter to continue");
            char junk = SavitchIn.readLineNonwhiteChar();
        }
        System.out.println("final balance with daily compounding is: "  + testDaily.getBal());        
        System.out.println("final balance with monthly compounding is: "  + testMonthly.getBal());

    }

}