Science I need help with a python code. The problem is:   You work for a car dealership, and are tasked with writing a program that can calculate a new kind of auto loan. Instead of having a fixed monthly payment amount, the payment goes down over the life of the loan. It should receive as input initial balance, monthly interest rate, and number of months. Calculate and display the monthly principle portion of the payment. It should then generate a "table" with one "row/line" per month. Each row should display Month Number, Starting Balance, Interest, and Ending Balance. After the table, total amount paid and total interest paid should be displayed.

Computer Networking: A Top-Down Approach (7th Edition)
7th Edition
ISBN:9780133594140
Author:James Kurose, Keith Ross
Publisher:James Kurose, Keith Ross
Chapter1: Computer Networks And The Internet
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Problem R1RQ: What is the difference between a host and an end system? List several different types of end...
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Computer Science

I need help with a python code. The problem is:

 

You work for a car dealership, and are tasked with writing a program that can calculate a new kind of auto loan. Instead of having a fixed monthly payment amount, the payment goes down over the life of the loan.

It should receive as input initial balance, monthly interest rate, and number of months.

Calculate and display the monthly principle portion of the payment.

It should then generate a "table" with one "row/line" per month. Each row should display Month Number, Starting Balance, Interest, and Ending Balance.

After the table, total amount paid and total interest paid should be displayed. 

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