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

Desklib provides past papers and solved assignments for students. This project compares loan amounts for 5 and 10 years using Java.

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

Establishment the requirements:................................................................................................
Create a design:..........................................................................................................................
Implement the code:...................................................................................................................
Output:........................................................................................................................................
Testing the implementation:.......................................................................................................

Establishment of the requirements:
Write a Java program to compare the loan amount of two different years, 5 & 10 years of the
base amount 10,000. This calculation based on different interest rates. Take input from the
user side in the form of interest rate and get the output to compare both.
Create a design:
 Declare datatypes in the program like, double, string, int
 Create a main class named as args to find the rate of interest
 Use while loop in the program with try function
 Calculate the amount of two different years with the different rate of interest
 Use class “calculateComparingLoanAmount” for calculation

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

Output:
Provide the output of the compare loan amount of 5 & 10 years as below:
Figure 2: For 5 years

Figure 3: For 5 years

Figure 4: For 10 Years

Figure 5: For 10 years
Testing the implementation:
 The any of de-bug and error found in testing of the program
 Output found correct after manually check
 Enter two different years from the user side to get different values and to test the
program