com.imsl.test.example.finance

Class FinanceRateEx1

java.lang.Object

com.imsl.test.example.finance.FinanceRateEx1

public class FinanceRateEx1
extends Object

Computes the interest rate on a loan.

Someone obtains a $20,000 loan to buy a car. They make $350 a month payments for 70 months. Here, the interest rate of the loan is computed.

See Also:

Code, Output

Constructor Summary

Constructors

Constructor and Description
FinanceRateEx1()

Method Summary

Modifier and Type	Method and Description
static void	main(String[] args)

Methods inherited from class java.lang.Object

clone, equals, finalize, getClass, hashCode, notify, notifyAll, toString, wait, wait, wait

Constructor Detail

FinanceRateEx1

public FinanceRateEx1()

Method Detail

main

public static void main(String[] args)