Only in python (Must attch output screenshot and editable code) The credit plan at My Computer Store specifies a 75% down payment and an annual interest rate of 12%. Monthly payments are 30% 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: Note: if the input < 0 it will leave note. if the input >0 will continue processes 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. Validate that the loan amount entered cannot be less than 0. Output Example Enter the puchase price: 20 Month Starting Balance Interest to Pay Principal to Pay Payment Ending Balance 1 5.00 0.05 1.45 1.50 3.55 2 3.55 0.04 1.46 1.50 2.09 3 2.09 0.02 1.48 1.50 0.61 4 0.61 0.00 0.61 0.61 0.00
Only in python (Must attch output screenshot and editable code)
The credit plan at My Computer Store specifies a 75% down payment and an annual interest rate of 12%. Monthly payments are 30% of the listed purchase price, minus the down payment. Write a
Note: if the input < 0 it will leave note. if the input >0 will continue processes
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. Validate that the loan amount entered cannot be less than 0.
Output Example
Enter the puchase price: 20
Month Starting Balance Interest to Pay Principal to Pay Payment Ending Balance
1 5.00 0.05 1.45 1.50 3.55
2 3.55 0.04 1.46 1.50 2.09
3 2.09 0.02 1.48 1.50 0.61
4 0.61 0.00 0.61 0.61 0.00
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