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Essay Details:
Essay text:
import java.util.*;
import java.text.*;
public class Calculator //begins Calculator class
{
public static void main(String[] args) throws IOException
{
//declares variables and defines hard coded values
double principal = 200000;
double interest = 0.0575;
int term = 30;
//prints an explanation of the calculations to be performed
//and the data that will be displayed by he program
System.out.println("\nThis program will calculate and display the monthly " +
"\nmortgage payment needed to fully amortize a $200,000.00 loan " +
"\nover a term of 30 years at a 5.75% interest rate.");
System...
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