JAVA Program will not run in eclipse. Please help!!!

Class

import java.io.*; // For file-related classes import java.text.DecimalFormat; // For the DecimalFormat class

/** This class stores loan information and creates a text file containing an amortization report. */

public class Amortization { private double loanAmount; // Loan Amount private double interestRate; // Annual Interest Rate private double loanBalance; // Monthly Balance private double term; // Payment Term private double payment; // Monthly Payment private int loanYears; // Years of Loan

/** The constructor accepts the loan amount, the annual interest rate, and the number of years of the loan as arguments. The private method CalcPayment is then called. @param loan The loan amount. @param rate The annual interest rate. @param years The number of years of the loan. */

public Amortization(double loan, double rate, int years) { loanAmount = loan; loanBalance = loan; interestRate = rate; loanYears = years; calcPayment(); }

/** The calcPayment method calculates the monthly payment amount. The result is stored in the payment field. */

private void calcPayment() { // Calculate value of Term term = Math.pow((1+interestRate/12.0), 12.0 * loanYears);

// Calculate monthly payment this.payment = (loanAmount * interestRate/12.0 * term) / (term - 1); }

/** The getNumberOfPayments method returns the total number of payments to be made for the loan. @return The number of loan payments. */

public int getNumberOfPayments() { return 12 * loanYears; }

/** The saveReport method saves the amortization report to the file named by the argument. @param filename The name of the file to create. */

public void saveReport(String filename) throws IOException { double monthlyInterest; // The monthly interest rate double principal; // The amount of principal DecimalFormat df = new DecimalFormat("#,##0.00"); FileWriter fw = new FileWriter(filename); PrintWriter outFile = new PrintWriter(fw);

// Print monthly payment amount. outFile.println("Monthly Payment: $" + df.format(payment));

// Print the report header. outFile.println("Month\tInterest\tPrincipal\tBalance"); outFile.println("-----------------------------------" +"--------------");

// Display the amortization table. for (int month = 1; month <= getNumberOfPayments(); month++) { // Calculate monthly interest. monthlyInterest = interestRate / 12.0 * loanBalance;

if (month != getNumberOfPayments()) { // Calculate payment applied to principal principal = payment - monthlyInterest; } else // This is the last month. { principal = loanBalance; payment = loanBalance + monthlyInterest; }

// Calculate the new loan balance. loanBalance -= principal;

// Display a line of data. outFile.println(month +"\t" +df.format(monthlyInterest) +"\t\t" +df.format(principal) +"\t\t" +df.format(loanBalance)); }

// Close the file. outFile.close(); }

/** The getLoanAmount method returns the loan amount. @return The value in the loanAmount field. */

public double getLoanAmount() { return loanAmount; }

/** The getInterestRate method returns the interest rate. @return The value in the interestRate field. */

public double getInterestRate() { return interestRate; }

/** The getLoanYears method returns the years of the loan. @return The value in the loanYears field. */

public int getLoanYears() { return loanYears; } }

TESTER

import java.io.IOException; import java.util.Scanner;

public class AmortizationTest {

public static void main(String[] args) throws IOException { String filename="Report.txt"; /* * Creating an Scanner class object which is used to get the inputs * entered by the user */ Scanner scan = new Scanner(System.in);

//Getting the input entered by the user System.out.print("Enter Loan Amount: $"); double loanAmount=scan.nextDouble(); System.out.print("Enter Annual Interest rate:%"); double annualInterestRate=scan.nextDouble(); System.out.print("Enter No of years of loan: "); int loanyears=scan.nextInt(); Amortization a=new Amortization(loanAmount,annualInterestRate, loanyears); a.saveReport(filename);

}

}