Ch5Ex13

package ch5ex13;
import java.util.Scanner;

public class Ch5Ex13
{
    public static void main(String[] args)
    {
        Scanner sc=new Scanner(System.in);
        System.out.print("Principal: ");
        double p=sc.nextDouble();
        System.out.print("Interest Rate: ");
        double r=sc.nextDouble();
        System.out.print("Number of Monthly Payments: ");
        int m=sc.nextInt();
        double payment=((p*(r/12))/(1-(Math.pow(1+r/12,-m))));
        System.out.printf("The monthly payment is: $%.2f",payment);
        System.out.println();
    }
}