How JustAnswer Works:

  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.

Ask LogicPro Your Own Question

LogicPro
LogicPro, Engineer
Category: Homework
Satisfied Customers: 9537
Experience:  Expert in Java C++ C C# VB Javascript Design SQL HTML
29751445
Type Your Homework Question Here...
LogicPro is online now
A new question is answered every 9 seconds

Need a fix to my code in Visual Basic 2010!

Resolved Question:

Below is what the interface is displaying.  


This is what is supposed to do: (From Book)


you create an application that displays a monthly payment on a loan of $3000 for 1 year at 7% interest. The application also should display the amount applied to the loans principal each month, and the amount that represents interest. The application will use the Financial.Pmt method, which you learned about in the chapter, to


calculate the monthly payment. It also will use the Financial.PPmt method to calculate the portion of the payment applied to the principal each month. The methods syntax is Financial.PPmt(Rate, Per, NPer, PV), where Rate is the interest rate, NPer is the number


of payment periods, and PV is the present value of the loan. The Per argument is the payment period in which you are interested and must be from 1 through NPer.


a. List the output and input items, as well as any processing items, and then create an appropriate algorithm using pseudocode.


b. Create a Visual Basic Windows application. Use the following names for the solution and project, respectively: Principal and Interest Solution, and Principal and Interest


Project. Save the application in the ClearlyVB2010\Chap14 folder. Change the name of the form file on your disk to frmMain.vb. If necessary, change the forms name to


frmMain.


c. Create the interface shown in Figure 14-16. Set the text boxs Multiline and ReadOnly


properties to True.


d. Code the application using a ForNext statement to keep track of the


Financial.PPmt methods Per argument. The Per values will be from 1 through 12.


e. Save the solution and then start and test the application. (Hint: The monthly payment


should be $259.58. In the first month, 242.08 is applied to the principal, and 17.50 is


interest.) Close the Code Editor window and then close the solution.


 


 


This is my code:


Public Class Form1


 


    Private Sub btnDisplayPrincipal_Click(ByVal sender As System.Object, ByVal e As System.EventArgs) Handles btnDisplayPrincipal.Click


        Dim MonthlyPayments As Double


        Dim bloanTotal As Double = 3000


        Dim rate As Double = 0.007


        Dim interest As Double


        Dim toPrincipal As Double


        Dim toInterest As Double


        Dim counter As Integer


 


        For counter = 1 To 12


            'Calculate the monthly payments


            MonthlyPayments =


                Math.Abs(Financial.Pmt(0.07 / 12, 12, 3000))


            TextBox1.Text = MonthlyPayments.ToString("C2")


 


            counter = counter + 1    'add one to the counter


            interest = bloanTotal + rate   'calculate interest rate from payment that will only count as interest


            toInterest = MonthlyPayments - interest ' amount of monthly payment going towards interest


            toPrincipal = MonthlyPayments - toInterest ' amount of monthly payment going towards principal


            bloanTotal = bloanTotal - toPrincipal ' new balance after deducting principal from beginning balance


 


 


            lblMonthlyPayment.Text &= toPrincipal.ToString & "   " & toInterest.ToString & ControlChars.NewLine


        Next


 


    End Sub


 


    Private Sub btnExit_Click(ByVal sender As Object, ByVal e As System.EventArgs) Handles btnExit.Click


        Me.Close()


    End Sub


End Class


 


Submitted: 1 year ago.
Category: Homework
Expert:  LogicPro replied 1 year ago.
Hi,
Welcome to JustAnswer.
My name is XXXXX XXXXX I will help you.

If you have any file(s), Zip all files, upload the zipped file to http://wikisend.com and post download link here.
What is the deadline?
Customer: replied 1 year ago.

I couldn't use wikisend, didn't work with me. I used filemail instead. Here's the link:


https://www.filemail.com/dl.aspx?id=YROIKKLSGVOHNTT


 


This is also for monday may 13. Thanks!

Expert:  LogicPro replied 1 year ago.
I will review and let you know ASAP.
Expert:  LogicPro replied 1 year ago.
What is the deadline for this?
Customer: replied 1 year ago.
Tomorrow
Expert:  LogicPro replied 1 year ago.
ok, I will provide you answer ASAP.
Expert:  LogicPro replied 1 year ago.
THIS ANSWER IS LOCKED!
You can view this answer by clicking here to Register or Login and paying $3.
If you've already paid for this answer, simply Login.
LogicPro, Engineer
Category: Homework
Satisfied Customers: 9537
Experience: Expert in Java C++ C C# VB Javascript Design SQL HTML
LogicPro and other Homework Specialists are ready to help you

JustAnswer in the News:

 
 
 
Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.
 
 
 

What Customers are Saying:

 
 
 
  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
< Last | Next >
  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
  • This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!! Alex Los Angeles, CA
  • Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult. GP Hesperia, CA
  • I couldn't be more satisfied! This is the site I will always come to when I need a second opinion. Justin Kernersville, NC
  • Just let me say that this encounter has been entirely professional and most helpful. I liked that I could ask additional questions and get answered in a very short turn around. Esther Woodstock, NY
  • Thank you so much for taking your time and knowledge to support my concerns. Not only did you answer my questions, you even took it a step further with replying with more pertinent information I needed to know. Robin Elkton, Maryland
  • He answered my question promptly and gave me accurate, detailed information. If all of your experts are half as good, you have a great thing going here. Diane Dallas, TX
 
 
 

Meet The Experts:

 
 
 
  • Manal Elkhoshkhany

    Tutor

    Satisfied Customers:

    4520
    More than 5000 online tutoring sessions.
< Last | Next >
  • http://ww2.justanswer.com/uploads/BU/BusinessTutor/2012-2-2_115741_Kouki2.64x64.jpg Manal Elkhoshkhany's Avatar

    Manal Elkhoshkhany

    Tutor

    Satisfied Customers:

    4520
    More than 5000 online tutoring sessions.
  • http://ww2.justanswer.com/uploads/LI/lindaus/2012-6-10_04811_IMG20120609164157.64x64.jpg Linda_us's Avatar

    Linda_us

    Finance, Accounts & Homework Tutor

    Satisfied Customers:

    3121
    Post Graduate Diploma in Management (MBA)
  • http://ww2.justanswer.com/uploads/ComputersGuru/2010-02-13_051118_Photo41.JPG LogicPro's Avatar

    LogicPro

    Engineer

    Satisfied Customers:

    3035
    Expert in Java C++ C C# VB Javascript Design SQL HTML
  • http://ww2.justanswer.com/uploads/lanis/2009-4-1_233717_phput9xef_c1pm.jpg Lani S.'s Avatar

    Lani S.

    Tutor

    Satisfied Customers:

    2457
    Registered Nurse, Internet Researcher, Private Tutor
  • http://ww2.justanswer.com/uploads/chooser77/2009-08-18_162025_Chris.jpg Chris M.'s Avatar

    Chris M.

    M.S.W. Social Work

    Satisfied Customers:

    2341
    Master's Degree, strong math and writing skills, experience in one-on-one tutoring (college English)
  • http://ww2.justanswer.com/uploads/JawaadAhmed/2009-6-27_12137_SIs_SHadi.jpg F. Naz's Avatar

    F. Naz

    Chartered Accountant

    Satisfied Customers:

    1975
    Experience with chartered accountancy
  • http://ww2.justanswer.com/uploads/JK/jkcpa/2011-1-16_182614_jkcpa.64x64.jpg Bizhelp's Avatar

    Bizhelp

    CPA

    Satisfied Customers:

    1873
    Bachelors Degree and CPA with Accounting work experience
 
 
 

Related Homework Questions