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Loan calculator application. Inputs: Principal Amount (S) Down Payment (S) . Loan Term (years) * Interest Rate (% per year) Outputs: Financed Amount Principal Amount
Loan calculator application. Inputs: Principal Amount (S) Down Payment (S) . Loan Term (years) * Interest Rate (% per year) Outputs: Financed Amount Principal Amount Down Payment Monthly Payment () Total Payments ($, excludes down payment) Total Interest ($) Total Cost (includes down payment) . UML diagram for LoanBean.java LoanBean principalAmount: double downPayment: double loanTerm: int interestRate: double financedAmount: double monthlyPayment: double totalPayments: double totalInterest: double totalCost: double +LoanBean() computeloan): String getters and setters as appropriate computeLoan() returns SUCCESS unless loanTerm 0 n loanTerm 12 (term in month) interestRate 1200 (monthly interest rate as decimal) monthlyPayment financedAmount r (1r)An] /[(1+r)n-1] Note: (1r)An Math.pow(1+r, n)
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