java program

Please write a complete Java GUI program to calculate monthly payment given: GUI has JTextFields and JButton. When user clicks

On Button Labeled Calculate GUI show the results on proper labels.

The following formula:

Monthly Pay=[ rate + rate /([1+rate]^months -1)] X principle

Where rate of %6 means 6/1200

and

Months means number of years x 12

Make the program user friendly. You may write method and call a method to

Do the job.

Possible data to test:

Principle 12200

Rate 7%

Term in years 5

Monthly payment is: 241.57

Total Payment is:14494.48

Interest Expense is 2294.48