/*
* Loan.java
*
* Created on March 1, 2007, 5:46 PM
*
* To change this template, choose Tools | Template Manager
* and open the template in the editor.
*/
package lab05;
import java.text.*;
/**
*
* @author bowenss26
*/
public class Loan {
private String borrowerName;
private int loanId;
private double downpayment;
private double propertyCost;
private int numberOfYears;
private double annualInterestRate;
private DecimalFormat prec2 = new DecimalFormat("$#.00");
public constructor(nam, id, propCost, downPay, numYears) {
}
public getBorrowerName(){
}
public getLoanId(){
}
public getDownPayment(){
}
public getPropertyCost(){
}
public getNumberOfYears(){
}
public getAnnualInterestRate(){
}
/** Creates a new instance of Loan */
public Loan(borrowerName, loanId, propCost, downPayment, numberOfYears) {
}
public double calculateMonthlyPayment() {
double result = 0;
result = loanId * (annualInterestRate/1200) / (1 - 1 / Math.pow
(1 + (annualInterestRate/1200), numberOfYears * 12));
return result;
}
public String toString() {
}
}