Homework Solution: First, launch NetBeans and close any previous projects that may be open (at the top men…

    Java First, launch NetBeans and close any previous projects that may be open (at the top menu go to File ==> Close All Projects). Then create a new Java application called "Mogul" (without the quotation marks) that will compute the profitability of a real estate investment over a 1-year period. Request the following values from the user at the command line: Cost of the property (assume that it is in dollars) The inflation rate (e.g., 0.05 for an inflation rate of 5%) Property appreciation rate (e.g., 0.10 for an appreciation rate of 10%) Your program should output: "Your investment's net profit is $X." Where $X is the net profit. Net profit for one year is calculated as: Net profit = (Value of property * Rate of appreciation) - (Value of property * Rate of inflation). package mogul; import java.util.Scanner; public class Mogul { public static void main(String[] args) { System.out.println("Enter the property value"); Scanner scanner= new Scanner (System.in); double propertyCost=scanner.nextDouble(); double inflationRate=0.05; double apperciationRate=0.10; double netProfit; netProfit = (propertyCost * apperciationRate) - (propertyCost * inflationRate); } i dont know what to do next Help Please and thank you

    Expert Answer

     
    There are some modifications required in your as to shape it as is directed in the question. Source Code-

    Java

    First, enlarge EnmeshBeans and seal any antecedent projects that may be disclosed (at the summit menu go to File ==> Seal All Projects).

    Then compose a fantasticlightlight Java contact designated “Mogul” (externally the citation marks) that accomplish abuse the useability of a veritable condition siege balance a 1-year bound.

    Request the subjoined values from the user at the charge line:

    Cost of the peculiarity (wear that it is in dollars)

    The inflation blame (e.g., 0.05 coercion an inflation blame of 5%)

    Peculiarity meaning blame (e.g., 0.10 coercion an meaning blame of 10%)

    Your program should quenchedput: “Your siege’s enmesh use is $X.” Where $X is the enmesh use.

    Enmesh use coercion undivided year is congenial as: Enmesh use = (Value of peculiarity * Blame of meaning) – (Value of peculiarity * Blame of inflation).

    package mogul;

    import java.util.Scanner;

    public class Mogul {

    public static lacking deep(String[] args) {
    System.out.println(“Invade the peculiarity value”);
    Scanner scanner= fantasticlightlight Scanner (System.in);
    double peculiarityCost=scanner.nextDouble();
    double inflationRate=0.05;
    double apperciationRate=0.10;
    double enmeshProfit;
    netUse = (propertyCost * apperciationRate) – (propertyCost * inflationRate);

    }

    i dont recognize what to do next

    Help

    Please and endow you

    Expert Acceptance

     

    There are some modifications required in your as to form it as is directed in the topic.

    Source Code-

    package mogul;

    import java.util.Scanner;

    class Mogul {

    public static lacking deep(String[] args) {

    Scanner scanner=newlight Scanner(System.in);

    System.out.println(“Invade the peculiarity value”);

    double peculiarityCost=scanner.nextDouble();

    System.out.println(“Invade the inflation Blame Percentage”);

    double inflationRate=scanner.nextDouble(); //It to-boot asks you to invade inflation Blame and meaning blame.

    inflationRate=inflationRate/100;//converting to double value

    System.out.println(“Invade the Meaning BlamePercentage”);

    double meaningRate=scanner.nextDouble();

    appreciationRate= meaningRate/100; //converting to decimal value

    double enmeshUse = (propertyCost * meaningRate) – (propertyCost * inflationRate);

    System.out.println(“Your siege’s enmesh use is $”+netProfit); //printing in the reuquired coercionmat

    }

    }