Use Java

Please write a complete program to calculate monthly payment given The following formula: Note: X means multiply, ^ means exponent. The rate is divides by 12 to compute monthly interest.(The Bank eats your money). Monthly Pay=[rate + rate/([l+rate] "months -1)] X principle Where rate of 6% means 6/1200 and Months means number of years x 12 Make the program user friendly. You may write method and call a method to do the job. Possible data to test: Principle 12200 Rate 7 Term in years 5 Monthly payment is 241.57 Total Payment is 14494.48 Interest Expense is 2294.48