(Solved):   Write a Java program that develops following user interface (GUI) Loan eligibility calcula ...

 

Write a Java program that develops following user interface (GUI) Loan eligibility calculator should have the following functionality: - Accept Total Gross Income and Interest Rate as 2 decimal numbers - Accept Year of Birth as Whole Number only - The Eligibility, Monthly Repayment and Term (Years) Textfields are disabled as user can not manipulate the data in it. - On Press of Calculate Button the Eligibility, Monthly Repayment and Term (Years) Textfields to be populated with calculated value based on following formulas: - Eligibility = Total Gross Income * \( 3.67 \) - Term (Years) \( =60-(2021- \) Year of Birth \( ) \) - Monthly Repayment \( =( \) Eligibility * Term (Years) * Interest Rate) / (Term (Years) * 12 ) - Display Eligibility and Monthly Repayment as 2 decimal numbers.