Week 4: Individual Assignment PRG 421
CONVERT THIS TO APPLET
Change Request #6 Service Request SR-mf-003
Purpose: Write the program in Java (with a graphical user interface) so that it will
Allow the user to select which way they want to calculate a mortgage: by input of
The amount of the mortgage, the term of the mortgage, and the interest rate of the
Mortgage payment or by input of the amount of a mortgage and then select from
A menu of mortgage loans:
- 7 year at 5.35%
- 15 year at 5.5 %
- 30 year at 5.75%
In either case, display the mortgage payment amount and then, list the loan
Balance and interest paid for each payment over the term of the loan. Allow the
User to loop back and enter a new amount and make a new selection, or quit.
Insert comments in the program to document the program.