In Exercises 17 through 37, write a program containing a For . . . Next loop to carry ou...

In Exercises 17 through 37, write a program containing a For . . . Next loop to carry out the stated task

Simple versus Compound Interest When $1000 is invested at 5 % simple interest, the amount grows by $50 each year. When money is invested at 5 % interest compounded annually, the amount at the end of each year is 1.05 times the amount at the beginning of that year. Display the amounts for 9 years for a $1000 investment at 5 % simple and compound interest. See Fig. 6.28.