Fifth International World Wide Web Conference
% java Mortgage
Enter principal (e.g. 8250.00 :
14000
Enter annual interest rate (e.g. 10.25) :
10
Enter number of years :
4
principal=14000 interest=0.1 years=4
payment total interest principal balance
number payment payment payment
14000
1 355.07 116.66 238.41 13761.60
2 355.07 114.68 240.39 13521.20
3 355.07 112.67 242.40 13278.80
...
47 355.07 5.84 349.23 352.14
48 355.07 2.93 352.14 0
%