Question: Develop a Java program that calculates the monthly mortgage payments based on the loan amount, interest rate, and the loan period To develop a Java
Develop a Java program that calculates the monthly mortgage payments based on the loan amount, interest rate, and the loan period To develop a Java program that calculates the monthly mortgage payments based on the loan amount, interest rate, and the loan period.
Requirements
Input
The program should prompt the user to enter the following:
i Loan amount
ii Annual interest rate in percentage
iii. Loan period in years
Output
The program should display the calculated monthly payment.
Formula
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