Calculate compounded interest
I have some suggestion for you.

1) Constant name should always be uppercase.

private static final Scanner SCANNER = new Scanner(System.in);


2) When creating arrays, I suggest that you use the java style instead of the c style, since it's the more used and less error-prone, in my opinion.

Before

public static void main(String args[]) {
   //[...]
}


After

public static void main(String[] args) {
   //[...]
}


3) For the variables, I suggest that you create them on the same line as the initialization, you will save 3 lines in the method and make the code more readable.

        System.out.print("Money in Euro: ");
        double money = SCANNER.nextDouble();
        System.out.print("Annual percentage rate: ");
        double rate = SCANNER.nextDouble();
        System.out.print("Term in years: ");
        int years = SCANNER.nextInt();


4) You can extract the questions in methods, to separate the logic and it will be easier to read, if you want; but will have to explain to him :)

public static void main(String args[]) {
    // write your solution here:

    double money = askForAmountInEuro();
    double rate = askForAnnualPercRate();
    int years = askForTerm();

    for (int i = 1; i &lt;= years; i++) {
        money += money * (rate / 100);
        System.out.println("Money after " + i + ". years: " + money);
    }
}

private static int askForTerm() {
    System.out.print("Term in years: ");
    return SCANNER.nextInt();
}

private static double askForAnnualPercRate() {
    System.out.print("Annual percentage rate: ");
    return SCANNER.nextDouble();
}

private static double askForAmountInEuro() {
    System.out.print("Money in Euro: ");
    return SCANNER.nextDouble();
}
```