Java Programming Project: Five-Year Loan Interest Calculation

Desklib provides past papers and solved assignments for students. This project demonstrates a Java loan interest calculator.

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

Contents
Establishment the requirements:................................................................................................3
Create a design:..........................................................................................................................3
Implement the code:...................................................................................................................4
Output:........................................................................................................................................5
Testing the implementation:.......................................................................................................6

Establishment of the requirements:
Write a Java program to calculate five years intrest of a loan amount of 10,000 at a different
rate of intrest. Create the design using different data types, loops, functions and others which
are used in the program. Get input from users and provide output them.
Create a design:
 Use java platform to write the program
 Create the main class in string data type with the name as args
 Create public class “calculateIntrest” with try and catch function
 Enter input as getting a complete calculation of the total amount


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 intrest of five years as below:
Figure 2: Output

Figure 3: Output
Testing the implementation:
 Program return correct values after entering sample values
 Manually check the calculations to cross verify and get the accurate result