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You are required to develop a Java application with NetBeans JFrame GUI facilities. This project function is to calculate Loan Monthly Payment For this function,
You are required to develop a Java application with NetBeans JFrame GUI facilities. This project function is to calculate Loan Monthly Payment For this function, Use the following loan payment formula to calculate the payments on a loan. M = P * 1- (1 + ])(-N) Where P = principal, the initial amount of the loan 1 = the annual interest rate (from 10 100 percent) L = length, the length (in years) of the loan, or at least the length over which the loan is amortized. J = monthly interest in decimal forn = 1/(12 x 100) N = number of months over which ban is amortized = L x 12 Hint: Identify inputs & output . To calc (-N): - N=(-1)"N: To calc (1+) Double tmpl = Math.pow((1+).; All the calculations have to be done in new methods (you have to apply the method lesson here, it might involves passing parameters and return value). All inputs retrieval and output display should be programmed inside the respective button (as discussed in the lecture that a button will provide a method to write the coding and you should invoke other method - your own method - to perform the calculations). Before perform the calculation (before invoke calculation method), test that all inputs are greater than zero. Ask user to enter the correct input. Besides the calculation button, you should supply the reset and exit buttons as well (with their respective codings). The layout design has to be neat
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