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import java.text.DecimalFormat;
import javax.swing.JOptionPane;
public class MCalculatorGUI///Name of my File and Class
{
public static void main(String[] args)
{
double loanAmount;//Declaring my Variables
double loanInterest;//Declaring my Variables
double monthlyPayment;//Declaring my Variables
double interestRate;
int loanTerm;
String totalLoan, interestLoan, termLoan;
DecimalFormat decimalPlaces=new DecimalFormat("0.00"); //Format decimal point for proper display
totalLoan=JOptionPane.showInputDialog(null, "Enter the Amount of the Loan: ");
loanAmount = Double.parseDouble(totalLoan);
interestLoan=JOptionPane.showInputDialog(null, "Enter the Interest Rate of the Loan in decimal Form: ");
loanInterest = Double.parseDouble(interestLoan)/12;
termLoan=JOptionPane.showInputDialog(null, "Enter the Term of the Loan: ");
loanTerm = Integer.parseInt(termLoan)*12;
// calculations
monthlyPayment = (loanAmount * loanInterest) / (1 - Math.pow(1 + loanInterest, -loanTerm));//Formula for Monthly Payments
JOptionPane.showMessageDialog(null,"Your Monthly Payments Are" + decimalPlaces.format(monthlyPayment));
System.exit(0);
}}
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