Java Mortgage Calculator
Write a program in Java (without a graphical user interface) using a loan amount of $200,000 with an interest rate of 5.75% and a 30 year term. Display the mortgage payment amount and then list the loan balance and interest paid for each payment over the term of the loan. If the list would scroll off the screen, use loops to display a partial list, hesitate, and then display more of the list.
Note:
1. It is certain that the loan balance and interest paid list will scroll off the screen. It is best to display a fix number of records, say 50 at a time, hesitate and then display the next 50.
2. To accomplish the hesitation to show the next set of records, you may use the Java Timer, Thread Sleep or prompt the user to press a key.
3. The IA does not require a user interface. The mortgage parameters can be set in the code.
4. The payment number should be the first column for the loan balance and interest paid list. See below as an example:
1 199791.19 958.33
2 199581.38 957.33
3 199370.56 956.33
