I am programming a mortgage calculator app. I thought I have finished the app and it should work now. However every time I click the button "Calculate Monthly Payment", the app stops and exit immediately with the error message "Unfortunately, your app has stopped".
Here is my code fragment for the MainActivity.java:
public class MainActivity extends ActionBarActivity 
{
    Button button;
    EditText borrowedAmt;
    SeekBar interestRate;
    RadioGroup loanTerm;
    RadioButton termChosen;
    CheckBox taxAndInsur; 
    TextView monthlyPay;
    @Override
    protected void onCreate(Bundle savedInstanceState) 
    {
        super.onCreate(savedInstanceState);
        setContentView(R.layout.activity_main);
        borrowedAmt = (EditText) findViewById(R.id.editText1);
        loanTerm = (RadioGroup) findViewById(R.id.radioGroup1);
        monthlyPay = (TextView) findViewById(R.id.textView4);
        taxAndInsur = (CheckBox) findViewById(R.id.checkBox1);
        interestRate = (SeekBar) findViewById(R.id.seekBar1);
        button = (Button) findViewById(R.id.button1);
        // SeekBar
        interestRate.setOnSeekBarChangeListener(new OnSeekBarChangeListener() 
        {
            int progressChanged = 0;
            public void onProgressChanged(SeekBar seekBar, int progress, boolean fromUser)
            {
                progressChanged = progress;
            }
            public void onStartTrackingTouch(SeekBar seekBar) 
            {
                // TODO Auto-generated method stub
            }
            public void onStopTrackingTouch(SeekBar seekBar) 
            {
                Toast.makeText(MainActivity.this,"Rate chosen = " + progressChanged, 
                        Toast.LENGTH_SHORT).show();
            }
        });
        //Button
        button.setOnClickListener(new View.OnClickListener()
        {
            public void onClick(View arg0)
            {
                double borrowedAmtValue = 0.0;
                double rateValue = 0.0;
                int noOfLoanMonth = 0;
                double taxAndInsurValue = 0.0;
                double monthlyPayValue = 0.0;
                // Borrowed amount processing
                borrowedAmtValue = Double.parseDouble(borrowedAmt.getText().toString());
                // Interest Rate processing
                rateValue = interestRate.getProgress() / 1200;
                // Loan Term processing
                int[] termGroup = {180, 240, 360};
                int selectedTerm = loanTerm.getCheckedRadioButtonId();
                noOfLoanMonth = termGroup[selectedTerm];
                // Tax and Insurance Included processing
                if (taxAndInsur.isChecked()) 
                    taxAndInsurValue = borrowedAmtValue * 0.001;
                else 
                    taxAndInsurValue = 0.0;
                //making the keyboard disappear after clicking the button
                InputMethodManager objInputMM = (InputMethodManager) getSystemService(
                            Context.INPUT_METHOD_SERVICE);
                objInputMM.hideSoftInputFromWindow(termChosen.getWindowToken(), 0);
                //Calculating total interest value 
                monthlyPayValue = borrowedAmtValue * (rateValue / (1 - Math.pow(1 + rateValue, - noOfLoanMonth)));
                // setting the result into the textview's text property to display to the user
                monthlyPay.setText(Double.toString(monthlyPayValue));
                //txtVwCalculatedInterest.setBackgroundColor(Color.parseColor("#FFCDEF"));
                // resetting text boxes
                //loanAmt.setText("");
                //loanTenure.setText("");
            }
        });
    }
Here is my XML file:
<?xml version="1.0" encoding="utf-8"?>
<LinearLayout xmlns:android="http://schemas.android.com/apk/res/android"
    android:layout_width="match_parent"
    android:layout_height="match_parent"
    android:orientation="vertical" >
    <TextView
        android:id="@+id/textView1"
        android:layout_width="wrap_content"
        android:layout_height="wrap_content"
        android:layout_gravity="center_horizontal"
        android:text="@string/enter_borrowed_amt"
        android:textAppearance="?android:attr/textAppearanceMedium" />
    <EditText
        android:id="@+id/editText1"
        android:layout_width="match_parent"
        android:layout_height="wrap_content"
        android:layout_gravity="center_horizontal"
        android:ems="10"
        android:inputType="numberDecimal" >
        <requestFocus />
    </EditText>
    <TextView
        android:id="@+id/textView2"
        android:layout_width="wrap_content"
        android:layout_height="wrap_content"
        android:layout_gravity="center_horizontal"
        android:text="@string/choose_int_rate"
        android:textAppearance="?android:attr/textAppearanceMedium" />
    <SeekBar
        android:id="@+id/seekBar1"
        android:progress="10"
        android:max="20"
        android:layout_width="match_parent"
        android:layout_height="wrap_content"
        android:layout_gravity="center" />
    <TextView
        android:id="@+id/textView3"
        android:layout_width="wrap_content"
        android:layout_height="wrap_content"
        android:layout_gravity="center_horizontal"
        android:text="@string/choose_term"
        android:textAppearance="?android:attr/textAppearanceMedium" />
    <RadioGroup
        android:id="@+id/radioGroup1"
        android:layout_width="match_parent"
        android:layout_height="wrap_content"
        android:layout_gravity="clip_vertical"
        android:orientation="horizontal">
        <RadioButton
            android:id="@+id/radio0"
            android:layout_width="match_parent"
            android:layout_height="wrap_content"
            android:layout_weight="1"
            android:checked="true"
            android:text="@string/yr15" />
        <RadioButton
            android:id="@+id/radio1"
            android:layout_width="match_parent"
            android:layout_height="wrap_content"
            android:layout_weight="1"
            android:text="@string/yr20" />
        <RadioButton
            android:id="@+id/radio2"
            android:layout_width="match_parent"
            android:layout_height="wrap_content"
            android:layout_weight="1"
            android:text="@string/yr30" />
    </RadioGroup>
    <CheckBox
        android:id="@+id/checkBox1"
        android:layout_width="wrap_content"
        android:layout_height="wrap_content"
        android:layout_gravity="center_horizontal"
        android:text="@string/check_tni" />
    <Button
        android:id="@+id/button1"
        android:layout_width="match_parent"
        android:layout_height="wrap_content"
        android:layout_gravity="center"
        android:text="@string/calculate" 
        android:onClick="setOnClickListener"/>
    <TextView
        android:id="@+id/textView4"
        android:layout_width="wrap_content"
        android:layout_height="wrap_content"
        android:layout_gravity="center"
        android:text="@string/monthly_pay"
        android:textAppearance="?android:attr/textAppearanceLarge"
        android:textSize="50sp" />
</LinearLayout>
When I run the app on emulator, I realize when I click the button, that the logcat window brings up tons of red lines, so I think there is something wrong here but I don't know how to detect it. Please help me. Thanks much!
My catlog: https://www.dropbox.com/s/ab0m7y05dzzsc9u/Untitled.jpg?dl=0
 
     
    