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Java program to display formatted output


Suppose the tuition for a university is $5,000 this year and increases 4.5% every year. Write a program that displays the tuition for the next four years. Display two digits after the decimal point.

public class Q1
{
        public static void main(String args[])
        {
                double fee=5000;

                for(int i=0;i<4;i++)
                {
                        fee=(fee*0.045) + fee;
                        System.out.format("Increased fee for %d year = $%6.2f%n",(i+1),fee);
                }
        }
}


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