Java: Mortgage Payments and Loans
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Write the program in Java (without a graphical user interface) and have it calculate the payment amount for 3 mortgage loans:
- 7 year at 5.35%
- 15 year at 5.5%
- 30 year at 5.75%
Use an array for the different loans. Display the mortgage payment amount for each loan.
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Solution Summary
This tutorial provides guidelines for creating a Java program to calculate the payment amount for a number of mortgage loans.
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