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Java programming Assume you bought a laptop based on monthly payments and a down payment. W program to calculate (a) interest paid at the end
Java programming Assume you bought a laptop based on monthly payments and a down payment. W program to calculate (a) interest paid at the end of the payment period, (b) annual rate (APR) that this interest amount will result in, and (c) the total finance charges. program should read from the keyboard the price of the laptop (p), the down payment( monthly payment (m), and the number of months (n) of the loan period. (Example p-si 285, d=$60. m=$55, n=24, (a) Amount of loan over 24 months price-don payment = 1285-60 = $1225. Interest paid amount paid-the loan amount (24*55) 1225 = 1320-1225-$95. (b) interest/price -95/1285-0.074, APR=7.4%. (c) Finance charge-price + interest = 1 285+95-si 380)
Java programming
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