Description of this paper

Monthly Payment GUI Program




Java GUI program to calculate monthly payment.;The GUI has JTextFields and JButton. The user clicks on the button "Calculate" and the GUI shows the results on the proper labels.;The formula to be used is;Monthly Payment ={rate of interest+ rate of interest/([1+rate of interest]^number of months-1)} X principal;Rate of 5% = 5/1200;Number of months will be number of years * 12;Fileds Required = Monthly payment, Total Payment and Interest Expense;Make the program user friendly.


Paper#67927 | Written in 18-Jul-2015

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