HW2 VB 'Net Loan Payment Due in class Friday 22 November

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HW2VB .Net Loan PaymentDue in class Friday 22
November
HW2
IS3001 George Zolla
Naval Postgraduate School
Monterey, CA
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HW2 Requirements

• 1. Write a VB .Net project that calculates the
  monthly payment of a loan. The program will allow
  the user to input values for the amount of the
  loan, the annual interest rate, and the length of
  the loan. The program will perform the
  calculation and then display the results to the
  user.

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HW2 Requirements

• 2. Use the conventions recommended in the text
  and the guidance and requirements contained in
  the Project Evaluation Sheet including project
  submission instructions. Plus
• Use meaningful names for controls, variables and
  the form
• Pay particular attention to the data types used.
• Ensure the Tab Sequence mirrors the user input
  sequence.
• Use Default and Cancel buttons
• Use colors and images to enhance the visual
  effectiveness of the project.

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HW2 Requirements

• 3. The Payment function on pages 557 558 may be
  used to calculate the monthly payment
• Pmt(dblMonthlyRate, dblMonths, dblAmount)
• 4. You must convert the user's textbox input from
  text to the data type double
• CDbl(ExpressiontoConvert)  'Convert to Double
• 5. Format the results with the FormatCurrency
  function found on page 114.

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HW2 Requirements

• 6. The following formulas may be used in your
  solution
• dblMonthlyRate CDbl(txtRate.Text) /1200
• dblMonths CDbl(txtYears.Text) 12
• dblAmount CDbl(txtAmount.Text)
• lblMonthlyPayment.Text - Pmt(dblMonthlyRate,
  dblMonths, dblAmount)
• Note I divided the Monthly rate by "1200" vice
  "12 to allow the user to enter a whole number
  (i.e 7.0 vice .07). You need a minus sign before
  the Pmt function to make a positive answer.