Rewrite the following program using DecimalFormat classSolut

Rewrite the following program using DecimalFormat class

Solution

Assign6.java

import java.text.DecimalFormat;
import java.util.Scanner;

public class Assign6
{
public static void main(String[] args)
{
final double SVC_CHARGE_RATE = 0.01 * 0.3;
DecimalFormat df = new DecimalFormat(\"0.00\");
double investmentAmt,
svcChargeAmt,
totalDue;
  
Scanner keyScan = new Scanner(System.in);
  
System.out.print(\"Welcome to NIU Investments!\");
  
System.out.print(\"\ \ Please enter the amount you would like to invest today: \");
investmentAmt = keyScan.nextDouble();
  
svcChargeAmt = investmentAmt * SVC_CHARGE_RATE;
totalDue = investmentAmt + svcChargeAmt;
  
System.out.println(\"\ \ Total Investment (in dollars): \"+df.format(investmentAmt));
System.out.println(\" Service Charge (in dollars): \"+df.format(svcChargeAmt));
System.out.println(\" -----------\");
System.out.println(\"Total Amount Due (in dollars): \"+df.format(totalDue));
  
System.out.print(\"\ \ \ Thank you for your investment!\ \ \ \ \ \ \ \");
  
keyScan.close();
}
}

Output:

Welcome to NIU Investments!

Please enter the amount you would like to invest today: 10000

Total Investment (in dollars): 10000.00
Service Charge (in dollars): 30.00
-----------
Total Amount Due (in dollars): 10030.00

Thank you for your investment!