asked on

mortgage calculator

i cant make this prog compile i have one error.

import java.math.*;
import java.text.*;
import java.util.*;

public class mortgage {

static NumberFormat n = NumberFormat.getCurrencyInstance();

static int yterm = 30; // Variable for length of term in years
static double price = 200000; // Variable for total amount of mortgage
static double rate = 5.75; // Variable for interest rate
static double mrate = rate/100;
static double payment = price*((mrate)/(12)+((mrate)/(12))/(Math.pow((1+(mrate)/12),(yterm*12))-1));

public static void main(String[] args) throws Exception{

int term = 360;
double interestDue, amtApplied;

while (term > 0) {
if(term == 300)
break;
interestDue = (price * (rate/100)) / 12;
amtApplied = payment - interestDue;
price = price - amtApplied;

System.out.println("Payment # " + term
+ " Principle=" + n.format(amtApplied)
+ " Interest=" + n.format(interestDue)
+ " Balance=" + n.format(price));
--term;
return --term;
}

while (term > 0) {
if(term == 240)
break;
interestDue = (price * (rate/100)) / 12;
amtApplied = payment - interestDue;
price = price - amtApplied;

System.out.println("Payment # " + term
+ " Principle=" + n.format(amtApplied)
+ " Interest=" + n.format(interestDue)
+ " Balance=" + n.format(price));
--term;
return --term;

reach end of file while parsing return --term:

Ajay-Singh

You can missing closing brackets "}}" after "return --term;".

Even if you put that you will get another error, as you are returning int from a function that doesn't return anything.
consider breaking this function into parts.

Mayank S

You'll probably need another } to close the last while loop too.

mukundha_expert

you need "}}}" after the last >>return --term,
remove both the return statement,

mannyfresco

ASKER

thanks now i have to make this mortgage calculator amortize.

ASKER CERTIFIED SOLUTION

mukundha_expert

membership

This solution is only available to members.

To access this solution, you must be a member of Experts Exchange.

Start Free Trial