A Simple Car Loan Payment Calculator
Sat Sep 24 2022 22:46:06 GMT+0000 (Coordinated Universal Time)
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@cruz
#javascript
public class CarLoan {
public static void main(String[] args) {
int carLoan = 10000;
int loanLength = 3;
int interestRate =5;
int downPayment = 2000;
if (loanLength <= 0 || interestRate <= 0){
System.out.println("Error! You must take out a valid car loan.");
}else if ( downPayment>= carLoan){
System.out.println("The car can be paid in full.");
}else{
int remainingBalance = carLoan - downPayment;
int months = loanLength *12;
int monthlyBalance = remainingBalance / months;
int interest = (monthlyBalance * interestRate)/100;
int monthlyPayment = monthlyBalance + interest;
System.out.println(monthlyPayment);
}
}
}
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https://www.youtube.com/watch?v=HEkYvjlmyYI&ab_channel=Codecademy
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