Thread: Ill keep asking till i get an answer

I cant figure out this damn line of code please help me!!!!!!

In which PMT is the monthly payment, P is the listed price of the house, D is the
down payment, r is the annual interest rate and m is the number of payments.

pmt = ((p-d)*r/12) / (1-(1+(r/12)^-m)

this is my code

 
 
 
 
 
 
 
 
import java.util.Scanner;
 
	public class Project1 {
	public static void main(String[] args) {
		Scanner input = new Scanner(System.in);
 
		System.out.println("Enter the price of the house: ");
		double housePrice = input.nextDouble();
		System.out.println("Enter the down payment: ");
		double downPayment = input.nextDouble();
		System.out.println("Enter the annual interest rate: ");
		double annualInterestRate = input.nextDouble();
		System.out.println("Enter the number of payments: ");
		double numberofPayments = input.nextDouble();
 
		double monthlyPayment= ( ((housePrice - downPayment) * (annualInterestRate/12)) /((1-(1+(annualInterestRate/12)))));//<---this is where im stuck how do i enter the  negative m      into this equation where do i put the math.pow. Please for the love of god throw me a bone ive been stuck on this for two hours now

}

Originally Posted by iamgonge

I cant figure out this damn line of code please help me!!!!!!

In which PMT is the monthly payment, P is the listed price of the house, D is the
down payment, r is the annual interest rate and m is the number of payments.

pmt = ((p-d)*r/12) / (1-(1+(r/12)^-m)

this is my code

 
 
 
 
 
 
 
 
import java.util.Scanner;
 
	public class Project1 {
	public static void main(String[] args) {
		Scanner input = new Scanner(System.in);
 
		System.out.println("Enter the price of the house: ");
		double housePrice = input.nextDouble();
		System.out.println("Enter the down payment: ");
		double downPayment = input.nextDouble();
		System.out.println("Enter the annual interest rate: ");
		double annualInterestRate = input.nextDouble();
		System.out.println("Enter the number of payments: ");
		double numberofPayments = input.nextDouble();
 
		double monthlyPayment= ( ((housePrice - downPayment) * (annualInterestRate/12)) /((1-(1+(annualInterestRate/12)))));//<---this is where im stuck how do i enter the  negative m      into this equation where do i put the math.pow. Please for the love of god throw me a bone ive been stuck on this for two hours now

}

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