Question

Given a Loan class, name the necessary fields and methods that we would need in this class. Be creative in your naming of variables and methods.

Answer 1

class Loan{

//Data Members

public:

int loan_amount;

int month_interest;

int emi_number; //number of payments

//Methods

//constructor

Loan ( int amt, int rate, int num){

loan_amount = amt;

month_interest = rate;

emi_number = num;

}

//get loan amount

int getamt(){

return loan_amount;

}

//year tenure of loan

int getloan_period(){

return emi_number/12;

}

//monthly payment

double getemi(){

int x = (1+ month_interest)*emi_number;

double emia = loan_amount * month_interest*x/(x-1);

return emia;

}

};