Write a java program that calculates the interest earned over 10 years at 10% per annum for 3 persons who deposit ammounts of 8000, 10000 and 20000 dollars respectively. Display the bank balance (principal and interest earned over the five years).

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import java.io.*;
import java.util.*;


public class Interest{

public static void main (String[]args)throws Exception {

BufferedReader BR = new BufferedReader(new InputStreamReader(System.in));
double intRate=1.1;
System.out.print("Type in money to deposit: ");
String InputValue = BR.readLine();
Double money=Double. parseDouble(InputValue);

for(int i=1; i<=10;i++ ){
money=money*intRate;
System.out.println(money);
}
System.out.println("Final Destination: "+money);
}
}

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