Create, using React, an application that should be able to calculate the appreciation/depreciation of a capital based on a monthly interest rate and time (months), using the compound interest concept.

• CSS
• HTML
• Javascript
• React
• Hooks
• Materialize
• Node.js

• Define the elements that will be considered as application state:
  • capital
  • monthly interest rate
  • period
• These elements will also be inputs of the application.
• Inputs shall be type number
  • Capital value goes from 0 to 100.000, step of 100
  • Interest rate value goes from -12 to 12, step of 0.1
  • Period value goes from 1 to 36, step of 1
• Output will be N boxes, being N the number of months, each one containing:
  • total value (amount after appreciation/depreciation of N months)
  • interest (value of appreciation/depreciation)
  • percentage (of appreciation/depreciation over the capital)
• The interest rate may be positive (appreciation) or negative (depreciation).
• Research and choose on of the compound interest formulas to implement.
• Improve interface using Materialize.
• Implementation shall use functional components and hooks.

Use useEffect hook, with the three inputs as deps, to “watch” their change and recalculate the outputs.

git clone https://github.com/ecpieritz/InterestCalculator.git

cd InterestCalculator

npm install

npm start

Developed with 💙 by Emilyn C. Pieritz