Course Solutions Uncategorized (Solved) : Oop Java Write Program Input Data Relevant Automobile Loan Computing Amortized Monthly Pay Q28595185 . . . .

(Solved) : Oop Java Write Program Input Data Relevant Automobile Loan Computing Amortized Monthly Pay Q28595185 . . . .

 

OOP(JAVA)

Write a program to input data relevant to an automobile loan andthen, after computing the amortized monthly payment, print a tableshowing the monthly information indicated below. You must usemethods for the separate tasks! (e.g.) Input of data, computationof payment, output of headers, compute monthly data, and outputmonthly data.

Input:

           Principal                     real

           Annual interest rate     real

           # of years ofloan                   integer

           # payments per year    integer

Data:

           30,000.00       8.5%               6                     12

Processing:

           A is amortized payment amount (rounded: use formula once only)

           p is theprincipal                                                                                 p * i * (1 + i)n

           i is the annual rate / # of payments peryear                               A =     —————-

           n is total number of payments ofloan                                              (1 + i)n – 1

           Find the following for

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