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
Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Chapter1: Introduction
Section: Chapter Questions
Problem 1PE
Related questions
Question
python
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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