Visual Basic 2015 Reloaded Diane Zak

Tools in the interface:

Principle: with TextBox Annual interest rate (%): with ComboBox Term (years): with ComboBox Monthly payment: with Label Principle and interest: with ListBox Display = Button Exit = Button

(PLEASE WRITE CODE FOR INTERFACE IN PICTURE, AS INSTRUCTED BY PROFESSOR)

Case Projects Case Projects Loan Calculator Create an application that displays a monthly payment on a loan. also display the amount applied to the loan's principal each month and represents interest. Use the following names for the solution and project, respectively Solution and Loan Project. Save the soluti the form fil 2% through 10% The application should the amount that : Loan on in the VbReloaded2015\Chap07 folder. Change le's name to Main Form.vb. The application should use annual interest rates from in increments of 1%, and use terms from 1 through 30 years. You can use Financial.PPmt method to calculate the portion of the payment applied to the principal each month. The method's syntax is Financial.PPmt (Rate, Per, NPer, PV). In the syntax, Rate is the interest rate, NPer is the number of payment periods, and PV is the present value of the loan. The Per argument is the payment period for which you want to calculate the portion applied to the principal. The Per argument must be a number from 1 through NPer. The method returns the calculated value as a Double number. You can either create your own interface or create the one shown in Figure 7-44; the figure shows a sample run of the application. The combo box that gets the interest rate is the DropDown style. The combo box that gets the term is the DropDownList style. The text box that displays the output has its Multiline and ReadOnly properties set to True and its ScrollBars property set to Vertical. Loan Calculator Annual interest rate (%): Term (years) Principal 120000 4 30 Monthly payment 5572.80 Bselby Principal and interest: Display Exit Principal Interest 172.90 173.47 174.05 174.63 175.22 175.80 176.39 176.97 400.00 399.42 398.85 398.27 397. 68 397.10 396.51 395.93 v Figure 7-44 Sample run of the Loan Calculator application