Created
November 9, 2017 05:19
-
-
Save sunnyeyez123/25d61140a33602b0ff4996eb73019613 to your computer and use it in GitHub Desktop.
A program that will calculate the monthly car payment a user should expect to make after taking out a car loan
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
/*a program that will calculate the monthly car payment a user should expect to make after taking out a car loan*/ | |
public class CarLoan { | |
public static void main(String[] args) { | |
int carLoan = 10000; | |
int loanLength = 3; | |
int interestRate = 5; | |
int downPayment = 2000; | |
if (loanLength <= 0 || interestRate <= 0 ){ | |
System.out.println("Error! You must take out a valid car loan."); | |
}else if(downPayment > carLoan){ | |
System.out.println("The car can be paid in full."); | |
}else{ | |
int remainingBalance = carLoan - downPayment; | |
int months = loanLength *12; | |
int monthlyBalance = remainingBalance/months; | |
int interest = (monthlyBalance*interestRate)/100; | |
int monthlyPayment = monthlyBalance + interest; | |
System.out.println(monthlyPayment); | |
} | |
} | |
} |
Sign up for free
to join this conversation on GitHub.
Already have an account?
Sign in to comment