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You need to develop java application to find the balance of the savings account after the end of year.
Application: Write an application with three labeled text fields, one each for the initial amount of a savings account, the annual interest rate, and the number of years.
Add a button "Calculate" and a read-only text area to display the balance of the savings account after the end of each year.
Make this program using java programming. Make this application in simple way.
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