The TidBit Computer Store (Chapter 3, Project 10) has a credit plan for computer purchases. Inputs are the annual interest rate and the purchase price. Monthly payments are 5% of the listed purchase price, minus the down payment, which must be 10% of the purchase price.Write a GUI-based program that displays labeled fields for the inputs and a text area for the output. 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:The month number (beginning with 1)The current total balance owedThe interest owed for that monthThe amount of principal owed for that monthThe payment for that monthThe balance remaining after paymentThe amount of interest for a month is equal to ((balance * rate) / 12) / 100. The amount of principal for a month is equal to the monthly payment minus the interest owed.Your program should include separate classes for the model and the view. The model should include a method that expects the two inputs as arguments and returns a formatted string for output by the GUI. InstructionsInterest toPrincipal toEndingMonth StartingPaymentРayрayBalance14410.0018.38202.12220.504207.8824207.8817.43202.97220.504004.9134004.9116.69203.81220.503801.0943801.0915.84204.66220.503596.433596.4314.99205.51220.503390.9263390.9214.13206.37220.503184.5573184.5513.27207.23220.502977.32!! CENGAGE MINDTAPQ Search this courseProgramming Exercise 8.7Instructionsbreezypythongu. tidbit.py| tidbitwithgui.py +Q Desktop+1 ""2 File: breezypythongui.pyII |||гLJThe TidBit Computer Store3 Version: 1.1(Chapter 3, Project 10) has a4 Copyright 2012, 2013 by Ken Lambertcredit plan for computerpurchases. Inputs are the6 Resources for easy Python GUIS.annual interest rate and the78 LICENSE: This is open-source software releaunder the terms of the9 GPL (http://www.gnu.org/licenses/gpl.html)purchase price. Monthlypayments are 5% of the listedpurchase price, minus thecapabilities mirror those10 of BreezyGUI and BreezySwing, open-sourcedown payment, which mustbe 10% of the purchase price.frameworks for writing GUIS in.lavaWrite a GUI-based program+>_ Terminalthat displays labeled fieldsfor the inputs and a text areasandbox $ ||for the output. The programshould display a table, withappropriate headers, of apayment schedule for thelifetime of the loan. Each rowof the table should containthe following items:

Answered: The TidBit Computer Store (Chapter 3,…

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ISBN:9780078022159

Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan

Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan

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Section: Chapter Questions

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The TidBit Computer Store (Chapter 3, Project 10) has a credit plan for computer purchases. Inputs are the annual interest rate and the purchase price. Monthly payments are 5% of the listed purchase price, minus the down payment, which must be 10% of the purchase price.

Write a GUI-based program that displays labeled fields for the inputs and a text area for the output. 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:

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) / 100. The amount of principal for a month is equal to the monthly payment minus the interest owed.

Your program should include separate classes for the model and the view. The model should include a method that expects the two inputs as arguments and returns a formatted string for output by the GUI.

Instructions
Interest to
Principal to
Ending
Month Starting
Payment
Рay
рay
Balance
1
4410.00
18.38
202.12
220.50
4207.88
2
4207.88
17.43
202.97
220.50
4004.91
3
4004.91
16.69
203.81
220.50
3801.09
4
3801.09
15.84
204.66
220.50
3596.43
3596.43
14.99
205.51
220.50
3390.92
6
3390.92
14.13
206.37
220.50
3184.55
7
3184.55
13.27
207.23
220.50
2977.32
!!

CENGAGE MINDTAP
Q Search this course
Programming Exercise 8.7
Instructions
breezypythongu. tidbit.py
| tidbitwithgui.py +
Q Desktop
+
1 ""
2 File: breezypythongui.py
II |||
г
LJ
The TidBit Computer Store
3 Version: 1.1
(Chapter 3, Project 10) has a
4 Copyright 2012, 2013 by Ken Lambert
credit plan for computer
purchases. Inputs are the
6 Resources for easy Python GUIS.
annual interest rate and the
7
8 LICENSE: This is open-source software relea
under the terms of the
9 GPL (http://www.gnu.org/licenses/gpl.html)
purchase price. Monthly
payments are 5% of the listed
purchase price, minus the
capabilities mirror those
10 of BreezyGUI and BreezySwing, open-source
down payment, which must
be 10% of the purchase price.
frameworks for writing GUIS in.
lava
Write a GUI-based program
+
>_ Terminal
that displays labeled fields
for the inputs and a text area
sandbox $ ||
for the output. 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:

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