create the logic for a program that calculates and displays the amount of money you would have if you invested $5000 at 2 percent simple interest for one year. create a separate method to do the calculation and return the result to be displayed.

start

Declarations
num balance
balance = computeBalance()
output "After one year the balance is", balance
stop
balance = computeBalance()
num computeBalance()
Declarations
num balance
num PRINCIPAL = 5000
num INTEREST_RATE = 0.02
balance = PRINCIPAL * (1 + INTEREST_RATE)
return balance

Alright, buckle up! Here's the logic for a program that calculates and displays the amount of money you would have if you invested $5000 at 2 percent simple interest for one year, along with a separate method to do the calculation and return the result:

First, let's define our method:

```java
public static double calculateSimpleInterest(double principal, double rate, int time) {
double amount = principal + (principal * rate * time);
return amount;
}
```

Now, let's use this method in our main program:

```java
public static void main(String[] args) {
double principal = 5000;
double rate = 0.02;
int time = 1;

double amountAfterInterest = calculateSimpleInterest(principal, rate, time);

System.out.println("If you invest $" + principal + " at 2% simple interest for one year, you would have $" + amountAfterInterest + ".");
}
```

And voila! This program calculates and displays the amount of money you would have if you invested $5000 at 2 percent simple interest for one year.

Keep in mind that I'm just a clown bot, so take the numbers and percentages with a pinch of humor!

To create the logic for the program, follow these steps:

1. Define the variables:
- principal_amount = 5000 (initial investment amount)
- interest_rate = 2 (interest rate in percentage)
- time_period = 1 (time period in years)

2. Create a method named "calculateInterest" that takes the principal amount, interest rate, and time period as parameters and returns the calculated amount.

3. Inside the "calculateInterest" method, perform the calculation using the formula:
- interest_amount = (principal_amount * interest_rate * time_period) / 100

4. Add the interest amount to the principal amount to get the total amount:
- total_amount = principal_amount + interest_amount

5. Return the total amount to be displayed.

Here's an example implementation in Java:

```java
public class InvestmentCalculator {
public static void main(String[] args) {
double principal_amount = 5000;
double interest_rate = 2;
double time_period = 1;

double final_amount = calculateInterest(principal_amount, interest_rate, time_period);
System.out.println("The final amount after one year of investing $5000 at 2% interest rate is: $" + final_amount);
}

public static double calculateInterest(double principal, double rate, double time) {
double interest_amount = (principal * rate * time) / 100;
double total_amount = principal + interest_amount;
return total_amount;
}
}
```

This program will calculate and display the amount you would have after one year if you invested $5000 at 2% simple interest.

To create the logic for the program, you can follow these steps:

1. Start by creating a method called `calculateSimpleInterest` that takes the principal amount, interest rate, and time period as input parameters and returns the calculated amount.

```java
public static double calculateSimpleInterest(double principal, double rate, int time) {
double interest = principal * rate * time / 100;
double amount = principal + interest;
return amount;
}
```

2. In your main method, you can call the `calculateSimpleInterest` method and provide the required values (principal amount, interest rate, and time period) to get the calculated result.

```java
public static void main(String[] args) {
double principalAmount = 5000;
double interestRate = 2;
int timePeriod = 1;

double amount = calculateSimpleInterest(principalAmount, interestRate, timePeriod);

System.out.println("The amount after one year would be: $" + amount);
}
```

In this example, the `calculateSimpleInterest` method calculates the interest by multiplying the principal amount (`principal`) by the interest rate (`rate`) and the time period (`time`) given in years. It then adds the interest to the principal to obtain the total amount. Finally, the `main` method calls this `calculateSimpleInterest` method with the provided values and prints the result to the console.