1 import javax.swing.JOptionPane;
2 public class ComputeLoanUsingInputDialog {
3 public static void main(String[] args) {
4 String annualInterestRateString = JOptionPane.showInputDialog(
5 "Enter yearly interest rate, for example 8.25:");
6
7 double annualInterestRate =
8 Double.parseDouble(annualInterestRateString);
9 double monthlyInteresRate = annualInterestRate / 1200;
10 String numberOfYearsString = JOptionPane.showInputDialog(
11 "Enter number of years as an integer, \nfor example 5:");
12
13 int numberOfYears = Integer.parseInt(numberOfYearsString);
14 String loanString = JOptionPane.showInputDialog(
15 "Enter loan amount, for example 120000.95:");
16
17 double loanAmount = Double.parseDouble(loanString);
18
19 double monthlyPayment = loanAmount * monthlyInteresRate / (1
20 - 1 / Math.pow(1 + monthlyInteresRate, numberOfYears * 12));
21 double totalPayment = monthlyPayment * numberOfYears * 12;
22
23 monthlyPayment = (int)(monthlyPayment * 100) / 100.0;
24 totalPayment = (int)(totalPayment * 100) / 100.0;
25
26 String output = "the monthly payment is " + monthlyPayment +
27 "\nthe total payment is " + totalPayment;
28 JOptionPane.showMessageDialog(null, output);
29
30 }
31 }