Computers and Technology, 21.10.2020 19:01 mprjug6
The credit plan at TidBit Computer Store specifies a 10% down payment and an annual interest rate of 12%. Monthly payments are 5% of the listed purchase price, minus the down payment.
Write a program that takes the purchase price as input. The program should display a table, with appropriate headers, of a payment schedule for the lifetime of the loan. Each row of the table should contain the following items:
The month number (beginning with 1)
The current total balance owed
The interest owed for that month
The amount of principal owed for that month
The payment for that month
The balance remaining after payment
The amount of interest for a month is equal to balance × rate / 12.
The amount of principal for a month is equal to the monthly payment minus the interest owed.
An example of the program input and output is shown below:
Enter the puchase price: 200
Month Starting Balance Interest to Pay Principal to Pay Payment Ending Balance
1 180.00 1.80 7.20 9.00 172.80
2 172.80 1.73 7.27 9.00 165.53
3 165.53 1.66 7.34 9.00 158.18
4 158.18 1.58 7.42 9.00 150.77
5 150.77 1.51 7.49 9.00 143.27
6 143.27 1.43 7.57 9.00 135.71
7 135.71 1.36 7.64 9.00 128.06
8 128.06 1.28 7.72 9.00 120.34
9 120.34 1.20 7.80 9.00 112.55
10 112.55 1.13 7.87 9.00 104.67
11 104.67 1.05 7.95 9.00 96.72
12 96.72 0.97 8.03 9.00 88.69
13 88.69 0.89 8.11 9.00 80.57
14 80.57 0.81 8.19 9.00 72.38
15 72.38 0.72 8.28 9.00 64.10
16 64.10 0.64 8.36 9.00 55.74
17 55.74 0.56 8.44 9.00 47.30
18 47.30 0.47 8.53 9.00 38.77
19 38.77 0.39 8.61 9.00 30.16
20 30.16 0.30 8.70 9.00 21.46
21 21.46 0.21 8.79 9.00 12.68
22 12.68 0.13 8.87 9.00 3.80
23 3.80 0.00 3.80 3.80 0.00
Answers: 1
Computers and Technology, 22.06.2019 19:00
If your accelerator suddenly gets stuck what should you do
Answers: 2
Computers and Technology, 23.06.2019 02:00
Which software would you use to create a print design? a. illustrator b. audacity c. reaper d. dreamweaver
Answers: 2
Computers and Technology, 23.06.2019 02:30
Which component acts as a platform on which application software runs
Answers: 2
Computers and Technology, 23.06.2019 14:30
Open this link after reading about ana's situation. complete each sentence using the drop-downs. ana would need a minimum of ato work as a translator. according to job outlook information, the number of jobs for translators willin the future.
Answers: 3
The credit plan at TidBit Computer Store specifies a 10% down payment and an annual interest rate of...
Biology, 10.05.2021 16:10
History, 10.05.2021 16:10
Mathematics, 10.05.2021 16:10
Computers and Technology, 10.05.2021 16:10