If you carry a balance on a credit card, it can be nice to see how long it would take to payoff the card. For this scenario, you should design a Java application the prints a credit card payment schedule.

Inputs for your program should include: Customers name (first and last), the account number (as an integer), the current balance (as double) and the percent of the balance that will paid off each month (i.e. 5% as double). Your program should use the Java Scanner class to allow the user to enter the input from the Eclipse console. Write a simple Java program with Eclipse using a main method to call other methods of the class. Other methods should be used to get initial values for a credit card balance from the user and output a payment schedule report to the user.After receiving the input, print a report to the Eclipse console that includes: a header showing the input information and a table of payments. Sample output is shown in Figure 1.

Assume the following:

At the beginning of every month 1.5% interest is added to the balance.

The customer payment will be calculated using the monthly balance (including the interest) and the Percent to Pay input.

The ending balance can be calculated using: beginning balance + interest - payment.

Assume that when the monthly en ding balance is less than the initial monthly payment, the customer can afford to pay off the remainder (plus interest) in the next month.

You can use the Java NumberFormat class to make values appear as currency when printed.

figure 1:

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