0

though the maortgagae cals works correctly the answers are not i columns

```
import java.io.*;
import static java.lang.Math.*;
import java.util.Scanner;
import java.text.DecimalFormat;
import java.text.NumberFormat;
/**
* @(#)AmortWeek3.java
*
* AmortWeek3 application
*
* @author
* Week 3-Service Request SR-mf-003
* Change Request 1
* Display breakdown of monthly payments
*
* @version 1.00 2011/3/4
*/
public class AmortWeek3 {
public static void main(String[] args) {
// Mortgage Calculation Formula Payment = (principal * interest) / (1 -- (1 + interest)^-number of payments)
//Declaring the variables that will be used in the program
double monthlyPmt; //Monthly Payment
double principalAmt = 200000; //Amount of principal
double intRate = .0575; //Annual interest rate
double monthlyIntRate = intRate / 12; //Monthly interest rate
double loanTerm = 360; //Total number of months
double counter = 0; //Counter
//Calculate monthly payment
monthlyPmt = (principalAmt*(monthlyIntRate*(Math.pow((1+monthlyIntRate), loanTerm)
)))/((Math.pow((1+monthlyIntRate),loanTerm))-1);
DecimalFormat Currency = new DecimalFormat("$#,##0.00");
//Display monthly payment
System.out.println("Amoritized monthly payment for McBride");
String payment = Currency.format(monthlyPmt);
System.out.print(payment);
System.out.println();
System.out.println();
//Formula needs to broken down from (principal * interest rate) to calculate the interest for length of loan
//Columnar headers
final int PAYMENT_WIDTH = 10;
final int AMOUNT_WIDTH = 15;
final int PRINCIPAL_WIDTH = 15;
final int INTEREST_WIDTH = 15;
final int BALANCE_WIDTH = 15;
String pattern = "%" + PAYMENT_WIDTH + "s%" + AMOUNT_WIDTH + "s%" + PRINCIPAL_WIDTH + "s%" + INTEREST_WIDTH + "s%" + BALANCE_WIDTH + "s";
System.out.printf(pattern, "PAYMENT", "AMOUNT", "PRINCIPAL", "INTEREST", "BALANCE");
System.out.println();
NumberFormat nf = NumberFormat.getCurrencyInstance();
for (int month = 1; month <= loanTerm; month++) {
double amountInterest = principalAmt * monthlyIntRate;
double amountPrincipal = monthlyPmt - amountInterest;
principalAmt = principalAmt - amountPrincipal;
System.out.printf(pattern, month, nf.format(monthlyPmt), nf.format(amountPrincipal), nf.format(amountInterest), nf.format(principalAmt));
if (month == 25) {
month =0;
try {
Scanner keyIn = new Scanner(System.in);
System.out.print("(Press ENTER to see more months");
System.in.read(); // Look for keyboard input
} catch (IOException e) { // Catch the input
return; // Continue the program
}
month= month+1; // Increment line counter
} else {
}
}
}
}
```