Sanchez construcion loan company makes small loans for construction projects up to a maximum of 10,000. The current cost for a loan for a $10,000 loan is based on the following
structure that has a maximum loan payoff time of 24 months:
You have been asked to write a program that will track a starting and ending date (due date) for all new construction loans. The program must also calculate the amont of the original loan and the total amount owed at the due date (original amount + loan fee).
The program should include four class:
_Class_ _ Type_
AnnualLoan=public class extends Loan implements Loan interface
The Loan Interface requires a CalculationFee() method. This method must be implemented in the AnnualLoan class. The DemoLoan test program should instantiate at least two AnnualLoan objects that output the loan amount of $10,000, the loan fee for the period, the beginning date of the loan, and the balance due at the loan due date. Save the programs as [url removed, login to view], [url removed, login to view] [url removed, login to view] and DemoLoan.java.
1) Complete and fully-functional working program(s) in executable form as well as complete source code of all work done.
2) Must have the 4 classes listed above.a) [url removed, login to view], b)[url removed, login to view], c) [url removed, login to view] and d) DemoLoan.java.
3) Must be Java program.
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