Reference no: EM13933477
Write a Visual Basic 2010 program to analyze a mortgage. The user should enter the amount of the loan, the annual rate of
interest, and the duration of the loan in months. When the user clicks on the button, the information that was entered should be
checked to make sure that it is reasonable. If bad data have been supplied, the user should be advised about it. Otherwise, the
monthly payment and the total amount of interest paid should be displayed.
The formula for the monthly payment is
payment =p*r/(1-(1+r)^(-n))
where p is the amount of the loan, r is the monthly interest rate (annual rate divided by 12) given as a number between 0 (for 0
percent) and 1 (for 100 percent), and n is the duration of the loan in months.
The formula for the total interest paid is
total interest =n*payment -p.
Test the program for a mortgage of $240,000 at 6% annual rate of interest, and duration 360 months. Such a mortgage will have
a monthly payment of $1,438.92 and total interest of $278,011.65.
|
Do you feel that the language acquisition during adulthood
: Do you feel that the language acquisition during adulthood makes it difficult to learn languages past the presumed 'critical period' during childhood? Is this possible and why?
|
|
Based on real life project undertaken by any company
: The research must be based on real life project undertaken by any company in any industry and the articles or report must highlight some problem on the project .
|
|
Firm is considering project that would change firm values
: ATC has a value of $70,000 in a good economy and $55,000 in a recession. The firm has $60,000 of debt. The probability of a recession is 50 percent. The firm is considering a project that would change the firm values to $73,000 in a good economy and ..
|
|
What do you think are the implications of this history
: Between the late 19th and turn of the 20th century, the US experienced record-breaking immigration (Brennan, 2002). That is, immigrants from many different parts of the world, particularly from Southern Europe, Asia, and the United Kingdom, were c..
|
|
Test a program for calculate interest
: Test the program for a mortgage of $240,000 at 6% annual rate of interest, and duration 360 months. Such a mortgage will have a monthly payment of $1,438.92 and total interest of $278,011.65.
|
|
Concept of corporate social responsibility
: "Discuss critically the extent to which you accept the concept of corporate social responsibility"
|
|
Develops and manufactures industrial controllers
: Xyzzy is a medium sized company that develops and manufactures industrial controllers. You are an employee of Xyzzy and work as project manager in the product development department. The company has been approached to develop a new industrial cont..
|
|
Is tuition fee revenue likely to increase or decrease
: Is tuition fee revenue likely to increase or decrease at these particular universities?
|
|
Issuing debt instead of new equity in a closely held firm
: Issuing debt instead of new equity in a closely held firm more likely causes owner-managers to:
|