Hints: Program 3
  1. Use the FV Function contained in Visual Basic to calculate the Future Value, go to the Help menu and type in FV Function in the Help Topics area to get an explanation of the arguments of the FV Function. Print this out as a reference if necessary. The arguments in this function setup exactly like the PMT function used in the chapter.
  2. In step 3 on page VB 3.76 add 11 labels instead of the 7 labels mentioned in the text.
  3. Do not multiple the number of years by 4 or divide the interest rate by 4 as mentioned in step 9 on page VB 3.77. (This line is only found in an older edition of the textbook.) If you do, you will not get the answer in the book or on the web page. This is a yearly investment, you add $1000 to your principle at the beginning of each year. There is no need to multiply or divide the years or interest rate by any value in the calculation.
  4. In step 12 on page VB 3.77 do not make the application executable as mentioned in the book if you are using the lab or the Working Model edition of Visual Basic because that menu option is disabled.
  5. Construct the Rate scrollbar so that all the percentages can be reached between .01 and .25 with a precision of 4 decimal places. The large-change should change the percentage by a one percent, and the small-change should change the percentage by a tenth of a percent. When the scrollbox is dragged the value of the rate scrollbar can display up to four decimal places.
  6. Remember to rename all the controls on the form with the proper prefixes and meaningful names, and to highlight all the properties changed in the property window !

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