50% deduction for Late Submission within one week
0 mark for Late Submission more than one week
0 mark for duplicated Submission or Shared Work

You will be marked based on your submitted zipped file on Moodle. You are most welcome to check your file with your lab tutor before your submission. No excuse will be accepted due to file corruption, absence from lecture or lab classes where details of lab requirements may be given. Please make sure that you attend Lecture EVERY WEEK as low attendance may result in academic penalty or failure of this unit.

Student ID :
Student full name :
Total Points (20 pts) :

Project : Comparing Loans

Problem Description :
Write a program that lets the user enter the loan amount and loan period in number of years and displays the monthly and total payments for each interest rate starting from 5% to 8%, with an increment of 1/8. Here is a sample run :

Use the formulas below to compute monthly payment and total payment.

Design : (Describe the major steps for solving the problem.) 5 marks

Coding : (Copy and Paste Source Code here. Format your code using Courier 10pts) 5 marks

Output Screenshot : (Paste your output screenshot here) 5 marks

Testing : (Describe how you test this program) 5 marks

Submit the following items :

This Word document and Submit to Moodle ( you must submit the program regardless whether it complete or incomplete, correct or incorrect )
Hint : Can you get the first four rows manually? This will help you understand how to compute the numbers mathematically. Can you write a program to produce the first four rows? This will help you see the pattern. Can you generalize it in a loop to produce all the rows? Finally, format the output correctly.

To Download Click Here > MITS4002 OBJECT ORIENTED SOFTWARE DEVELOPMENT Activity 07.pdf