Padding decimals in Java

How can I pad a double with both trailing zeros (two places, for money) and leading spaces before the $ to align the decimal places?
I want my list to look like:

$###.##
$###.##
_$##.##
__$#.##
__$0.##
__$0.00

As the value decreases. The underscores should be spaces, of course. I wasn't sure if they would appear or be deleted in the post.

Also, I changed a function somewhere and a series of print functions decided to start tabbing every fucking word so they're all spread out and I can't find anything wrong with the code. Any ideas?

System.out.print("\n\nWhat    would    you like    to    do?\n1. Calculate    the Monthly    Payment for    a fixed rate, fixed term loan.\n");
            System.out.print("2.    Calculate the number    of    Months to pay off    a loan with    a fixed monthly payment.\n");
            System.out.print("\nPlease    enter    the number of your selection:    ");

http://docs.oracle.com/javase/1.5.0/docs/api/java/util/Formatter.html

If you're needing older than Java 1.5 compatbility (not unusual for enterprise stuff), then you'll need to go find the printf replacement somewhere else.