Question: Overview For this assignment you will implement an GUI that displays an interest table calculator. A video of the calculator you need to implement can

Overview

For this assignment you will implement an GUI that displays an interest table calculator. A video of the calculator you need to implement can be found at Video. About this project:

There are no public/release/secret tests associated with this project.

There is no CVS distribution (more details below).

To submit your project you need to upload a zip file directly to the submit server (No "Submit Project" option is available).

Objectives

Implement Java inner classes

Practice event-driven programming

Learn some basic Java GUI development

Grading

(40%) GUI

(5%) display area

(5%) principal text field

(5%) rate text field

(5%) years slider

(5%) simple interest button

(5%) compound interest button

(5%) both interest button

(5%) labels (Principal:, Rate(Percentage):, Number of Years:)

(10%) Correct computation of simple interest

(10%) Correct computation of compound interest

(10%) Correct computation of both interests

(25%) Using inner classes to implement functionality associated with GUI

(5%) Project implemented using Model-View-Control paradigm

Clarifications

Code Distribution

For this project we are not providing any code. You need to create an Eclipse project named InterestTable. In that Eclipse project feel free to add any classes/packages you understand you need. To simplify the grading process make sure you have a class named InterestTableGUI.java. This class must have a main method that allow us to run your application.

Specifications

You need to implement a GUI that displays interest tables ranging from 1 up to 25 years. The tables are generated by selecting the appropriate button and based on the principal, rate, and years values provided. One table displays simple interest, the second compound interest, and the third a combination of simple and compound interest. See the provided Video for table format information.

Interest Formulas

The formula to compute simple interest amount is:

simple interest amount = principal + (principal * (rate/100) * years)

The formula to compute compound interest amount is:

Compound Interest Amount = principal * (1 + rate/100)Years Notice that you do not need to add the principal in this case.

Displaying Currency

To display currency you can use the NumberFormat class (part of java.text) as follows:

String formattedValue = NumberFormat.getCurrencyInstance().format(value); where value represents the numeric value to format.

Requirements

Your GUI should resemble the GUI available in the video, but it does not have to be exactly the same.

Make sure you have a class named InterestTableGUI.java. This class must have a main method that allow us to execute your application.

Keep the Model-View-Control model in mind when writing your code. Feel free to add any classes you understand you need. The actual computation of interests should take place in a separate class(es).

You may only use inner classes to define event listeners.

No student tests are required for this project.

Your project will be graded by running the main method associated with the InterestTableGUI.java class.

You can use JFrame.setDefaultLookAndFeelDecorated(true) to decorate the frame (just make sure you call this method before you create the frame).

You may not use any tools that generate the GUI code for you.

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