How many years does it take to reach a million dollars?
142 years.
It might be that you do not wish to wait that long. After examining your lifestyle, you decide to give up your expensive chocolate-chip cookie habit and now can put an extra $1000 into your bank account at the end of every year. Now how long will it take to reach your million dollar goal?
class MillionDollarYears { public static void main( String[] args ) { double dollars = 1000.00 ; int year = 0; while ( dollars < 1000000.00 ) { // add another year's interest dollars = dollars + dollars*0.05 ; // add in this year's contribution ___________________________ ; year = year + 1 ; } System.out.println("It took " + year + " years to reach your goal."); } }