Assignment help 195

Instructions

1. Create a Loan class

• The Loan class should have fields for o Loan Amount o Years o Annual Interest Rate

• The constructor for the class should set the interest rate to 5.0

• The Loan class should have a method that returns the Monthly Payment

Monthly Payment: You will need the month interest rate. Divide the annual interest rate by 1200 and use the (double) value as the monthly interest rate.

Use the following formula to calculate the monthly payment:

loanAmount

Solution:

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