Please Write Complete Program Calculate Monthly Payment Given Following Formula Use Scanne Q43818871
Please write a complete program to calculate monthly paymentgiven The following formula
Use scanner
Monthly Pay= [rate + rate / ([1+rate] ^months -1)] Xprinciple
Where rate of 6% means 6/1200 and
Months means number of years x 12
Make the program user friendly. You may write method and call amethod to do the job.
Possible data to test:
Principle 12200
Rate 7
Term in years 5
Monthly payment is 241.57
Total Payment is 14494.48
Interest Expense is 2294.48
Expert Answer
Answer to Please write a complete program to calculate monthly payment given The following formula Use scanner Monthly Pay= [rate …
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