Question: its Java Class Implement GUI application for the following programs 3) Loan calculator Consider paying a mortgage. A specific mortgage can be viewed as an

its Java Class

its Java Class Implement GUI application for the following programs 3) Loan

Implement GUI application for the following programs 3) Loan calculator Consider paying a mortgage. A specific mortgage can be viewed as an object of a mortgage class. Interest rate, loan amount, and loan period are its data properties, and computing monthly payment and total payment are its methods. When you buy a house, a mortgage object is created by instantiating the class with your mortgage interest rate, loan amount, and loan period Write a Mortgage class and a Tester program to find the monthly payment and total payment of your loan using the mortgage methods. The following formula is used to calculate the fixed monthly payment (P) required to fully amortize a loan of L dollars over a term of n months at a monthly interest rate of c. [If the quoted rate is 6%, for example, c is .06/12 or. 005]

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