Question: Write a Java program that develops following user interface (GUI) Loan Eligibility Calculator Total Gross Income Interest Rate Year of Birth Eligibility Monthly Repayment

 

 

Write a Java program that develops following user interface (GUI) Loan Eligibility

Write a Java program that develops following user interface (GUI) Loan Eligibility Calculator Total Gross Income Interest Rate Year of Birth Eligibility Monthly Repayment Term (Years) CALCULATE RESET Loan eligibility calculator should have the following functionality: Accept Total Gross Income and Interest Rate as 2 decimal numbers Accept Year of Birth as Whole Number only The Eligibility, Monthly Repayment and Term (Years) Textfields are disabled as user can not manipulate the data in it. On Press of Calculate Button the Eligibility, Monthly Repayment and Te (Years) Textfields to be populated with calculated value based on following formulas: Eligibility Total Gross Income * 3.67 = Term (Years) = 60 - (2021 - Year of Birth) Monthly Repayment = (Eligibility * Term (Years) * Interest Rate) (Term (Years) * 12) Display Eligibility and Monthly Repayment as 2 decimal numbers. On Press of Reset Button, reset all the Textfields to original state

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