In this assignment the program will get its input from an input file (like Assignment 3), but will output to Window in a scrolling pane (as described in the preceding module item). Download this input data file: fcrc loan data.txt. Place the text file into the root directory of your Assignment 5 NetBeans project folder. Complete the assignment below:

This Amortization assignment is described as a Detailed Example on pages 251-262 in Chapter 13 of the text. Your program must read the data from the input file that I provided and then output the amortization reports in a scrolling pane in a window. This is a significantly larger assignment that is best written by breaking up the problem into smaller methods as described in the text. If you write this program so that all the work is done in the main method definition, you will lose 20 points. You must define at least 2 other method definitions (to break up the work into smaller chunks) for full credit.

FILE: fcrc loan data.txt

"Bill Olsen" "914 8th Street" "Salt Lake City" UT 84112 2 25 2012 1250.00 .0325 2 "Mary Henderson" "1374 Oak Lane" "Love Canal" NY 10035 3 28 2012 7000.00 .0625 3 "Austin Powers" "10 Downing St." "Pittsburg" PA 13417 4 1 2012 12800.00 .0700 5

***THE IMAGE BELOW IS WHAT IT SHOULD OUTPUT***

Bill Olsen" ary Henderson" "Austin Powers" "914 8th Street" "1374 Oak Lane" "10 Downing St." "Salt Lake City "Love Canal" "Pittsburg" UT 84112 2 25 2004 1250 NY 10035 PA 13417 3 28 2004 7000 2004 12800 0700 5 Figure 13-18 A committee at FCRC has decided the report should look like the following: First Community Redevelopment 101 1st Street Corporation Bloomingville, TN 41663 Bill Olsen 914 8th Street Salt Lake City, UT 84112 LOAN AMOUNT: INTEREST RATE: Payment # Interest Principal Balance 1 $3.39 $71.61 $1,178.39 2 $3.19 $71.81 $1,106.58 3 $3.00 $72.00 $1,034.58 $2.80 $72.20 $962.38 $2.61 $72.39 $889.99 $2.41 $72.59 $817.40 $2.21 $72.79 $744.61 $2.02 $72.98 $671.63 $1.82 $73.18 $598.45 $1.62 $73.38 $525.07 $1.42 $73.58 $451.49 $1.22 $73.78 $377.71 $1.02 $73.98 $303.73 $0.82 $74.18 $229.55 $0.62 $74.38 $155.17 $0.42 $74.58 $80.59 $0.22 $74.78 $5.81 $0.02 $5.81 ($0.00) $30.83 4 5 6 7 8 9 10 11 1213415167 18 Due Date March 1, 2004 April 1, 2004 May 1, 2004 June 1, 2004 July 1, 2004 August 1, 2004 September 1, 2004 October 1, 2004 November 1, 2004 December 1, 2004 January 1, 2005 February 1, 2005 March 1, 2005 April 1, 2005 May 1, 2005 June 1, 2005 July 1, 2005 August 1, 2005 $1,250.00 3.25% Payment Programming with Class 0325 2 0625 $75.00 $75.00 $75.00 $75.00 $75.00 $75.00 $75.00 $75.00 $75.00 $75.00 $75.00 $75.00 $75.00 $75.00 $75.00 $75.00 $75.00 $5.83 Totals: $1,280.83 Figure 13-19 1