Question: First, launch NetBeans and close any previous projects that may be open (at the top menu go to File ==> Close All Projects). Then create
First, launch NetBeans and close any previous projects that may be open (at the top menu go to File ==> Close All Projects).
Then create a new Java application called "Mogul" (without the quotation marks) that will compute the profitability of a real estate investment over a 1-year period.
Request the following values from the user at the command line:
Cost of the property (assume that it is in dollars)
The inflation rate (e.g., 0.05 for an inflation rate of 5%)
Property appreciation rate (e.g., 0.10 for an appreciation rate of 10%)
Your program should output: "Your investment's net profit is $X." Where $X is the net profit.
Net profit for one year is calculated as: Net profit = (Value of property * Rate of appreciation) - (Value of property * Rate of inflation).
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