# I NEED HELP.

• May 25th, 2014, 12:24 PM
MDejzi
I NEED HELP.
Can someone help me with this pls?

Write an application that uses interactive input to help a home buyer calculate
her expenses for buying and maintaining a house. The program asks the user
to type the following input values:
² the price of the house
² the down payment on the loan for the house
² The number of years for repaying the loan.
² the monthly utility expenses
In response, the application prints
² The monthly expense of keeping the house. (Note: this amount does not
include the down payment.)
² The annual expense of keeping the house. (Again, exclude the down pay-
ment.)
² The total expense of keeping the house for the number of years needed to
repay the loan. (Include the down payment in this amount.)
The application does not worry about in°ation costs in its calculations.
Use this formula to compute the monthly payment on the loan for the house:
payment ={(1+i)^y*p*i}/{(1+i)^y-1)*12} where y is the number of years
for repaying the loan, and p is loan's principal, that is, the price of the house
minus the down payment.

It is found principles of programming in Java,Schmidt
• May 25th, 2014, 12:33 PM
MDejzi
I NEED HELP.
Can someone help me with this pls?

Write an application that uses interactive input to help a home buyer calculate
her expenses for buying and maintaining a house. The program asks the user
to type the following input values:
² the price of the house
² the down payment on the loan for the house
² The number of years for repaying the loan.
² the monthly utility expenses
In response, the application prints
² The monthly expense of keeping the house. (Note: this amount does not
include the down payment.)
² The annual expense of keeping the house. (Again, exclude the down pay-
ment.)
² The total expense of keeping the house for the number of years needed to
repay the loan. (Include the down payment in this amount.)
The application does not worry about in°ation costs in its calculations.
Use this formula to compute the monthly payment on the loan for the house:
payment ={(1+i)^y*p*i}/{(1+i)^y-1)*12} where y is the number of years
for repaying the loan, and p is loan's principal, that is, the price of the house
minus the down payment.

It is found principles of programming in Java,Schmidt
• May 25th, 2014, 01:45 PM
Norm
Re: I NEED HELP.
What have you tried?

Do you have any specific questions about the program?