4.31 LAB: Months until payoff (JAVA) Write a program in java that reads a loan amount, payment amount, and interest rate as inputs and outputs the number of payments required until the loan is paid. Interest is added to current balance before a payment is applied. Ex: If current balance is $100.00 and the interest rate is 0.02, the new balance is $102.00 before a payment is applied. All values are doubles. import java.util.Scanner; public class LabProgram { public static void main(String[] args) { Scanner scnr = new Scanner(System.in); /* Type your code here. */ } }
4.31 LAB: Months until payoff (JAVA) Write a program in java that reads a loan amount, payment amount, and interest rate as inputs and outputs the number of payments required until the loan is paid. Interest is added to current balance before a payment is applied. Ex: If current balance is $100.00 and the interest rate is 0.02, the new balance is $102.00 before a payment is applied. All values are doubles. import java.util.Scanner; public class LabProgram { public static void main(String[] args) { Scanner scnr = new Scanner(System.in); /* Type your code here. */ } }
C++ Programming: From Problem Analysis to Program Design
8th Edition
ISBN:9781337102087
Author:D. S. Malik
Publisher:D. S. Malik
Chapter8: Arrays And Strings
Section: Chapter Questions
Problem 22PE
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4.31 LAB: Months until payoff (JAVA)
Write a program in java that reads a loan amount, payment amount, and interest rate as inputs and outputs the number of payments required until the loan is paid. Interest is added to current balance before a payment is applied. Ex: If current balance is $100.00 and the interest rate is 0.02, the new balance is $102.00 before a payment is applied. All values are doubles.
import java.util.Scanner;
public class LabProgram {
public static void main(String[] args) {
Scanner scnr = new Scanner(System.in);
/* Type your code here. */
}
}
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