Write the program in Java (without a graphical user interface) and have it calculate the payment amount for 3 mortgage loans:
– 7 year at 5.35%
– 15 year at 5.5%
– 30 year at 5.75%
Use an array for the different loans. Display the mortgage payment amount for each loan and then list the loan balance and interest paid for each payment over the term of the loan. Use loops to prevent lists from scrolling off the screen.
