The Future Value application with exception handling

import java.util.*;
import java.text.NumberFormat;

public class FutureValueExceptionApp
{
    public static void main(String[] args)
    {
        System.out.println(
            "Welcome to the Future Value Calculator\n");
        Scanner sc = new Scanner(System.in);

        String choice = "y";
        while (choice.equalsIgnoreCase("y"))
        {
            double monthlyInvestment = 0.0;
            double interestRate = 0.0;
            int years = 0;
            try
            {
                System.out.print("Enter monthly investment:   ");
                monthlyInvestment = sc.nextDouble();
                System.out.print("Enter yearly interest rate: ");
                interestRate = sc.nextDouble();
                System.out.print("Enter number of years:      ");
                years = sc.nextInt();
            }
            catch(InputMismatchException e)
            {
                sc.next(); // discard the incorrectly entered number
                System.out.println(
                    "Error! Invalid number. Try again.\n");
                continue;  // jump to the top of the loop
            }

            double monthlyInterestRate = interestRate/12/100;
            int months = years * 12;
            double futureValue = calculateFutureValue(
                monthlyInvestment, monthlyInterestRate, months);

            NumberFormat currency =
                NumberFormat.getCurrencyInstance();
            System.out.println("Future value:               "
                + currency.format(futureValue) + "\n");

            System.out.print("Continue? (y/n): ");
            choice = sc.next();
            System.out.println();
        }
    }

    private static double calculateFutureValue(
        double monthlyInvestment, double monthlyInterestRate,
        int months)
    {
        double futureValue = 0;
        for (int i = 1; i <= months; i++)
            futureValue = (futureValue + monthlyInvestment) *
                          (1 + monthlyInterestRate);
        return futureValue;
    }
}