Project 10-3: Interest Calculator Create a program that calculates the interest on a loan. This program should make it easy for the user to enter numbers. Console Interest Calculator Enter loan amount: Enter interest rate: Loan amount: Interest rate: Interest amount: $100,000 12.275 Loan amount: Interest rate: Interest amount: Continue? (y/n): y Enter loan amount: 100K Enter interest rate: 2.275 Continue? (y/n): n $100,000.00 2.275% $2,275.00 $100,000.00 2.275% $2,275.00 Bye! Specifications • Use the Decimal class to make sure that all calculations are accurate. The program should round the interest that's calculated to two decimal places, rounding up if the third decimal place is five or greater. • The interest rate that's displayed can have up to 3 decimal places. • Assume that the user will enter valid decimal values for the loan amount and interest rate with these exceptions: • If the user enters a dollar sign (S) at the beginning of the loan amount, remove it from the string before converting the string to a number. • If the user enters a comma in the loan amount, remove it from the string before converting the string. • If the user enters a K at the end of the loan amount, remove the K from the end of the string, and multiply the loan amount by 1000. For example, a loan amount of 50K should be converted to a value of 50,000. If the user enters a percent sign (%) before or after the interest rate, remove it from the string before converting the string to a number.
Project 10-3: Interest Calculator Create a program that calculates the interest on a loan. This program should make it easy for the user to enter numbers. Console Interest Calculator Enter loan amount: Enter interest rate: Loan amount: Interest rate: Interest amount: $100,000 12.275 Loan amount: Interest rate: Interest amount: Continue? (y/n): y Enter loan amount: 100K Enter interest rate: 2.275 Continue? (y/n): n $100,000.00 2.275% $2,275.00 $100,000.00 2.275% $2,275.00 Bye! Specifications • Use the Decimal class to make sure that all calculations are accurate. The program should round the interest that's calculated to two decimal places, rounding up if the third decimal place is five or greater. • The interest rate that's displayed can have up to 3 decimal places. • Assume that the user will enter valid decimal values for the loan amount and interest rate with these exceptions: • If the user enters a dollar sign (S) at the beginning of the loan amount, remove it from the string before converting the string to a number. • If the user enters a comma in the loan amount, remove it from the string before converting the string. • If the user enters a K at the end of the loan amount, remove the K from the end of the string, and multiply the loan amount by 1000. For example, a loan amount of 50K should be converted to a value of 50,000. If the user enters a percent sign (%) before or after the interest rate, remove it from the string before converting the string to a number.
Programming Logic & Design Comprehensive
9th Edition
ISBN:9781337669405
Author:FARRELL
Publisher:FARRELL
Chapter11: More Object-oriented Programming Concepts
Section: Chapter Questions
Problem 2GZ
Related questions
Concept explainers
Max Function
Statistical function is of many categories. One of them is a MAX function. The MAX function returns the largest value from the list of arguments passed to it. MAX function always ignores the empty cells when performing the calculation.
Power Function
A power function is a type of single-term function. Its definition states that it is a variable containing a base value raised to a constant value acting as an exponent. This variable may also have a coefficient. For instance, the area of a circle can be given as:
Question
Python. Use decimal module
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 4 steps with 2 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, computer-science and related others by exploring similar questions and additional content below.Recommended textbooks for you
Programming Logic & Design Comprehensive
Computer Science
ISBN:
9781337669405
Author:
FARRELL
Publisher:
Cengage
EBK JAVA PROGRAMMING
Computer Science
ISBN:
9781337671385
Author:
FARRELL
Publisher:
CENGAGE LEARNING - CONSIGNMENT
EBK JAVA PROGRAMMING
Computer Science
ISBN:
9781305480537
Author:
FARRELL
Publisher:
CENGAGE LEARNING - CONSIGNMENT
Programming Logic & Design Comprehensive
Computer Science
ISBN:
9781337669405
Author:
FARRELL
Publisher:
Cengage
EBK JAVA PROGRAMMING
Computer Science
ISBN:
9781337671385
Author:
FARRELL
Publisher:
CENGAGE LEARNING - CONSIGNMENT
EBK JAVA PROGRAMMING
Computer Science
ISBN:
9781305480537
Author:
FARRELL
Publisher:
CENGAGE LEARNING - CONSIGNMENT
Microsoft Visual C#
Computer Science
ISBN:
9781337102100
Author:
Joyce, Farrell.
Publisher:
Cengage Learning,