Question: Language JAVA Please give answer to it ASAP. Need it argent Write a program that lets the user enter the loan amount and loan period

Language JAVA

Please give answer to it ASAP. Need it argent

Language JAVA Please give answer to it ASAP. Need it argent Write

Write a program that lets the user enter the loan amount and loan period in number of years and displays the monthly and total payments for each interest rate starting from 5% to 8%, with an increment of 1/4. loan amount x monthlyInterest Rate monthly Payment (1 + monthlyInterest Rate) Panxiz totalPayment = monthly Payment numberOfYears x 12 Your program output must be identical to the below output. Enter loan amount: 10000 Enter number of years as an integer: 5 Interest Rate Monthly Payment 5.600% 188.71 5.250% 189.86 5.500% 191.01 5.750% 192.17 6.000% 193.33 6.250% 194.49 6.500% 195.66 6.750% 196.83 7.000% 198.01 7.250% 199.19 7.500% 200.38 7.750% 201.57 8.000% 202.76 Total Payment 11322.74 11391.59 11460.70 11530.06 11599.68 11669.56 11739.69 11810.es 11880.72 11951.62 12822.77 12094.18 12165.84

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