Question: In Java, create a program that does the following: 1. Have the user enter the Loan Amount, Interest Rate, and Monthly Payment. 2. Using the

In Java, create a program that does the following:

1. Have the user enter the Loan Amount, Interest Rate, and Monthly Payment.

In Java, create a program that does the following: 1. Have the

2. Using the three numbers from #1, the program will tell the user the amount left on the loan after each payment.

user enter the Loan Amount, Interest Rate, and Monthly Payment. 2. Using

3. At the end of the output, show how much the original loan amount was, how much the interest rate is, how much the monthly payment is, and also the number of months it took to pay off the loan. (Do not include this part in the TXT)

the three numbers from #1, the program will tell the user the

4. The output will also be sent to a TXT file lined up and in currency format.

amount left on the loan after each payment. 3. At the end

Enter the loan amount Enter the interest rate (ex 5.75) 6-50 the monthly payment: Enter 1500

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