Project: Comparing LoansSkills Assessment

Problem Description:

Write a program that lets the user enter the loan amount and loan period in number of years and displays the monthly and total payments for each interest rate starting from 5% to 8%, with an increment of 1/8. Here is a sample run:

<Output>

Loan Amount: 10000

Design: (Describe the major steps for solving the problem.)

Coding: (Copy and Paste Source Code here. Format your code using Courier 10pts)

Output screenshot: (Paste your output screenshot here)

Testing: (Describe how you test this program)

Submit the following items for assignment help

1. Submit this Word document with solution via LMS (you must submit the program regardless of whether it complete or incomplete, correct or incorrect)
Hint:

1. Can you get the first four rows manually? This will help you understand how to compute the numbers mathematically.

2. Can you write a program to produce the first four rows? This will help you see the pattern.

3. Can you generalize it in a loop to produce all the rows?

4. Finally, format the output correctly.

Tags: assignment, assignmentday, assignmentdue, assignmenthelp, assignmenthelpaustralia, assignmenthelper, assignmenthelpermalaysia, assignmenthelpers, assignmentmaker, assignments, assignmentsdue, assignmentshelp, assignmentssuck, assignmentstress, assignmenttime, assignmentwriting, box, college, confidentialassignment, dissertation, essay, essayhelp, essaywriting, homework, homeworkhelp, nytassignment, onassignment, thesis, university