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Create a New Project called YourLastNameCalculateInterest . If you know the balance and the annual percentage interest rate, you can compute the interest on the

Create a New Project calledYourLastNameCalculateInterest.

If you know the balance and the annual percentage interest rate, you can compute the interest on the next monthly payment using the following formula:

interest = balance X (annualInterestRate / 1200)

Write a program that reads the balance and the annual percentage interest rate and displays the interest for the next month in two versions:

Usedialog boxesto obtain input from the user and display output;

Use theconsoleto obtain input from the user and display output.

Be sure to provide clear prompts to the user, so that input is entered correctly.

Sample Data:

Balance = 100000 Annual Interest Rate = 4.625 Interest = 385.41

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