Question: using visual basic (Microsoft visual studio ) Exercise 1: 1. Create a project with the name lab2. 2. Set Formi properties a. Name as MonthlyInstallment

using visual basic (Microsoft visual studio )

using visual basic (Microsoft visual studio ) Exercise 1: 1. Create a

Exercise 1: 1. Create a project with the name lab2. 2. Set Formi properties a. Name as MonthlyInstallment b. Text as Calculate Monthly Installment C. Font size: 14 d. Size: 500, 500 3. Design Form as shown below: 4. Add Label and set its properties a. Text "Monthly installment Calculation" b. Set font to "Courier New" and size 24 c. Dock: Top d. Auto Size: False e. TextAlign: TopCenter 5. Add labels, textboxes and buttons as shown in the form Calculate Monthly installment Monthly Installment Calculation Amount of Loan Installment Rate in % Number of Years Close Compute Monthly Installment Monthly Paayment 6. Set names to all the controls a. Textboxes names should begin with txt as prefix and purpose of the textbox, (eg. txtloan, Extrate, txtyear) b. Buttons name should begin with btn as prefix and purpose of the button. (eg, btncompute, btnclose) 7. Set property ReadOnly to Monthly Payment textbox 8. On Click Compute MonthlyPayment button, write procedure to compute monthly payment. Use formulae given below i MP = 1-(1+1)-131 A Where ir/1200

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