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program using while loop and for loop

  Asked By: Pamela    Date: Mar 25    Category: Java    Views: 5563
  

I need to write two programs one using while loop and the other using for loop for the following:
the balance in a bank account will be in 5 years if
$25.00 is deposited every month and the interest rate is 1/4 percent per month compounded
monthly

I am stuck on how I am supposed to calculate it and write it out using both loops

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