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Enter the puchase price: 1500 The Down Payment is: 150.0 Month Starting Balance Fixed Payment Interest to Pay Actual Payment Ending Balance 1 1350.00 75.00 0.00 75.00 1275.00 2 1275.00 75.00 0.00 75.00 1200.00 3 1200.00 75.00 0.00 75.00 1125.00 4 1125.00 75.00 0.00 75.00 1050.00 5 1050.00 75.00 0.00 75.00 975.00 6 975.00 75.00 0.00 75.00 900.00 900.00 75.00 0.00 75.00 825.00 8 825.00 75.00 0.00 75.00 750.00 9 750.00 75.00 0.00 75.00 675.00 675.00 75.00 0.00 75.00 600.00 11 12 13 14 15 16 17 18 The Total Payment is: 1578.75 600.00 75.00 0.00 75.00 525.00 525.00 75.00 0.00 75.00 450.00 450.00 75.00 22.50 97.50 375.00 375.00 75.00 18.75 93.75 300.00 300.00 75.00 15.00 90.00 225.00 225.00 75.00 11.25 86.25 150.00 150.00 75.00 7.50 82.50 75.00 75.00 75.00 3.75 78.75 0.00 Solve the Loan Purchase Question in this format. Write a program to print a payment schedule for a loan to purchase a computer. The program will first get the purchase price from the user and then calculate the down payment for the computer and display 5% of the purchase price as a monthly payment, while the annual interest rate is 12% of the purchase price. (20 Minute Input Purchase price Constants Annual interest rate = 12% Down_payment = 10% of purchase price Monthly_payment = 5% of purchase price 1. L d D

Enter the puchase price: 1500 The Down Payment is: 150.0 Month Starting Balance Fixed Payment Interest to Pay Actual Payment Ending Balance 1 1350.00 75.00 0.00 75.00 1275.00 2 1275.00 75.00 0.00 75.00 1200.00 3 1200.00 75.00 0.00 75.00 1125.00 4 1125.00 75.00 0.00 75.00 1050.00 5 1050.00 75.00 0.00 75.00 975.00 6 975.00 75.00 0.00 75.00 900.00 900.00 75.00 0.00 75.00 825.00 8 825.00 75.00 0.00 75.00 750.00 9 750.00 75.00 0.00 75.00 675.00 675.00 75.00 0.00 75.00 600.00 11 12 13 14 15 16 17 18 The Total Payment is: 1578.75 600.00 75.00 0.00 75.00 525.00 525.00 75.00 0.00 75.00 450.00 450.00 75.00 22.50 97.50 375.00 375.00 75.00 18.75 93.75 300.00 300.00 75.00 15.00 90.00 225.00 225.00 75.00 11.25 86.25 150.00 150.00 75.00 7.50 82.50 75.00 75.00 75.00 3.75 78.75 0.00 Solve the Loan Purchase Question in this format. Write a program to print a payment schedule for a loan to purchase a computer. The program will first get the purchase price from the user and then calculate the down payment for the computer and display 5% of the purchase price as a monthly payment, while the annual interest rate is 12% of the purchase price. (20 Minute Input Purchase price Constants Annual interest rate = 12% Down_payment = 10% of purchase price Monthly_payment = 5% of purchase price 1. L d D

COMPREHENSIVE MICROSOFT OFFICE 365 EXCE
COMPREHENSIVE MICROSOFT OFFICE 365 EXCE
1st Edition
ISBN:9780357392676
Author:FREUND, Steven
Publisher:FREUND, Steven
Chapter4: Financial Functions, Data Tables, And Amortization Schedules
Section: Chapter Questions
Problem 3EYW
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Enter the puchase price: 1500 The Down Payment is: 150.0 Month Starting Balance Fixed Payment Interest to Pay Actual Payment Ending Balance 1 1350.00 75.00 0.00 75.00 1275.00 1275.00 75.00 0.00 75.00 1200.00 3 1200.00 75.00 0.00 75.00 1125.00 4 1125.00 75.00 0.00 75.00 1050.00 5 1050.00 75.00 0.00 75.00 975.00 6 975.00 75.00 0.00 75.00 900.00 7 900.00 75.00 0.00 75.00 825.00 825.00 75.00 0.00 75.00 750.00 9 750.00 75.00 0.00 75.00 675.00 10 11 12 13 14 15 16 17 18 The Total Payment is: 1578.75 675.00 75.00 0.00 75.00 600.00 600.00 75.00 0.00 75.00 525.00 525.00 75.00 0.00 75.00 450.00 450.00 75.00 22.50 97.50 375.00 375.00 75.00 18.75 93.75 300.00 300.00 75.00 15.00 90.00 225.00 225.00 75.00 11.25 86.25 150.00 150.00 75.00 7.50 82.50 75.00 75.00 75.00 3.75 78.75 0.00 Solve the Loan Purchase Question in this format. Write a program to print a payment schedule for a loan to purchase a computer. The program will first get the purchase price from the user and then calculate the down payment for the computer and display 5% of the purchase price as a monthly payment, while the annual interest rate is 12% of the purchase price. (20 Minute Input Purchase price Constants Annual interest rate = 12% Down_payment = 10% of purchase price Monthly_payment = 5% of purchase price
Transcribed Image Text:Enter the puchase price: 1500 The Down Payment is: 150.0 Month Starting Balance Fixed Payment Interest to Pay Actual Payment Ending Balance 1 1350.00 75.00 0.00 75.00 1275.00 1275.00 75.00 0.00 75.00 1200.00 3 1200.00 75.00 0.00 75.00 1125.00 4 1125.00 75.00 0.00 75.00 1050.00 5 1050.00 75.00 0.00 75.00 975.00 6 975.00 75.00 0.00 75.00 900.00 7 900.00 75.00 0.00 75.00 825.00 825.00 75.00 0.00 75.00 750.00 9 750.00 75.00 0.00 75.00 675.00 10 11 12 13 14 15 16 17 18 The Total Payment is: 1578.75 675.00 75.00 0.00 75.00 600.00 600.00 75.00 0.00 75.00 525.00 525.00 75.00 0.00 75.00 450.00 450.00 75.00 22.50 97.50 375.00 375.00 75.00 18.75 93.75 300.00 300.00 75.00 15.00 90.00 225.00 225.00 75.00 11.25 86.25 150.00 150.00 75.00 7.50 82.50 75.00 75.00 75.00 3.75 78.75 0.00 Solve the Loan Purchase Question in this format. Write a program to print a payment schedule for a loan to purchase a computer. The program will first get the purchase price from the user and then calculate the down payment for the computer and display 5% of the purchase price as a monthly payment, while the annual interest rate is 12% of the purchase price. (20 Minute Input Purchase price Constants Annual interest rate = 12% Down_payment = 10% of purchase price Monthly_payment = 5% of purchase price
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