📄 initinv.java
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/* Compute the initial investment necessary for
a specified future value. */
import java.awt.*;
import java.awt.event.*;
import java.applet.*;
import java.text.*;
/*
<applet code="InitInv" width=340 height=240>
</applet>
*/
public class InitInv extends Applet
implements ActionListener {
TextField targetText, initialText, periodText,
rateText, compText;
Button doIt;
double targetValue; // original targetValue
double rateOfRet; // rate of return
double numYears; // length of loan in years
int compPerYear; // number of compoudings per year
NumberFormat nf;
public void init() {
// Use a grid bag layout.
GridBagLayout gbag = new GridBagLayout();
GridBagConstraints gbc = new GridBagConstraints();
setLayout(gbag);
Label heading = new
Label("Initial Investment Needed for " +
"Future Value");
Label targetLab = new Label("Desired Future Value ");
Label periodLab = new Label("Years");
Label rateLab = new Label("Rate of Return");
Label compLab =
new Label("Compounding Periods per Year");
Label initialLab =
new Label("Initial Investment Required");
targetText = new TextField(16);
periodText = new TextField(16);
initialText = new TextField(16);
rateText = new TextField(16);
compText = new TextField(16);
// Initial value field for display only.
initialText.setEditable(false);
doIt = new Button("Compute");
// Define the grid bag.
gbc.weighty = 1.0; // use a row weight of 1
gbc.gridwidth = GridBagConstraints.REMAINDER;
gbc.anchor = GridBagConstraints.NORTH;
gbag.setConstraints(heading, gbc);
// Anchor most components to the right.
gbc.anchor = GridBagConstraints.EAST;
gbc.gridwidth = GridBagConstraints.RELATIVE;
gbag.setConstraints(targetLab, gbc);
gbc.gridwidth = GridBagConstraints.REMAINDER;
gbag.setConstraints(targetText, gbc);
gbc.gridwidth = GridBagConstraints.RELATIVE;
gbag.setConstraints(periodLab, gbc);
gbc.gridwidth = GridBagConstraints.REMAINDER;
gbag.setConstraints(periodText, gbc);
gbc.gridwidth = GridBagConstraints.RELATIVE;
gbag.setConstraints(rateLab, gbc);
gbc.gridwidth = GridBagConstraints.REMAINDER;
gbag.setConstraints(rateText, gbc);
gbc.gridwidth = GridBagConstraints.RELATIVE;
gbag.setConstraints(compLab, gbc);
gbc.gridwidth = GridBagConstraints.REMAINDER;
gbag.setConstraints(compText, gbc);
gbc.gridwidth = GridBagConstraints.RELATIVE;
gbag.setConstraints(initialLab, gbc);
gbc.gridwidth = GridBagConstraints.REMAINDER;
gbag.setConstraints(initialText, gbc);
gbc.anchor = GridBagConstraints.CENTER;
gbag.setConstraints(doIt, gbc);
// Add all the components.
add(heading);
add(targetLab);
add(targetText);
add(periodLab);
add(periodText);
add(rateLab);
add(rateText);
add(compLab);
add(compText);
add(initialLab);
add(initialText);
add(doIt);
// Register to receive action events.
targetText.addActionListener(this);
periodText.addActionListener(this);
rateText.addActionListener(this);
compText.addActionListener(this);
doIt.addActionListener(this);
nf = NumberFormat.getInstance();
nf.setMinimumFractionDigits(2);
nf.setMaximumFractionDigits(2);
}
/* User pressed Enter on a text field
or pressed Compute. */
public void actionPerformed(ActionEvent ae) {
repaint();
}
public void paint(Graphics g) {
double result = 0.0;
String targetStr = targetText.getText();
String periodStr = periodText.getText();
String rateStr = rateText.getText();
String compStr = compText.getText();
try {
if(targetStr.length() != 0 &&
periodStr.length() != 0 &&
rateStr.length() != 0 &&
compStr.length() != 0) {
targetValue = Double.parseDouble(targetStr);
numYears = Double.parseDouble(periodStr);
rateOfRet = Double.parseDouble(rateStr) / 100;
compPerYear = Integer.parseInt(compStr);
result = compute();
initialText.setText(nf.format(result));
}
showStatus(""); // erase any previous error message
} catch (NumberFormatException exc) {
showStatus("Invalid Data");
initialText.setText("");
}
}
// Compute the required initial investment.
double compute() {
double b, e;
b = (1 + rateOfRet/compPerYear);
e = compPerYear * numYears;
return targetValue / Math.pow(b, e);
}
}
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