Object-Oriented Programming Project: Loan Amount Calculator (MITS4002)

Desklib provides past papers and solved assignments for students. This project focuses on building a loan calculator in Java.

MITS4002
OBJECT-ORIENTED SOFTWARE
DEVELOPMENT
Activity 07
Project:
Student ID:
Student full name:
Total Points:

Contents
Establishment of the requirements:............................................................................................4
Create a design:..........................................................................................................................4
Implement the code:...................................................................................................................5
Output:........................................................................................................................................6
Testing the implementation:.......................................................................................................7

Establishment of the requirements:
The given problem is about to calculate the total amount at the different rate of interest of
10,000 in five years by writing a Java program. Use provide a different rate of interest for this
program and need to calculate the total amount.
Create a design:
 Create a Java program with creating main class “ComparingLoans”
 Use different datatypes like, double and others
 Follow try & catch function with string format
 No loop was used in the program
 Enter input from the user side and get the output as provided screenshots

Implement the code:
Provide the screenshot of the coding part as below:
Figure 1: Source code

Output:
Get output of total loan amount at the different rate of interest of five years as below:
Figure 2: Output

Figure 3: Output
Testing the implementation:
 Test each amount manually at a different rate of interest and get an accurate result
 Check the program by entering the different rate of interest and get proper output