C07518 Financial Services Information Systems Assignment

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C07518 Financial Services Information Systems - University of Leicester

Your task in this assignment is to develop a small application, i.e. a graphical user interface with the necessary associated processing, which implements and demonstrates loan repayment schedules using the Equal Total Payments method. The application should, in general, work as follows:

- The user inputs in the screen her choice of loan amount, annual interest rate, loan period (in months or years).
- Upon submission of the previous items, the application performs the necessary calculations according to the input data and presents to the screen the loan amortization schedule e.g. according to the following table:

Payment
No

Payment Amount

Principal
Amount Paid

Interest
Amount Paid

Loan
Outstanding
Balance

1

 

 

 

 

2

 

 

 

 

...

 

 

 

 

Reference no: EM132929287

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