Question: a. Design application for Bobs E-Z Loans. The application accepts a clients loan amount and monthly payment amount. Output the customers loan balance each month

a. Design application for Bob’s E-Z Loans. The application accepts a client’s loan amount and monthly payment amount. Output the customer’s loan balance each month until the loan is paid off.

b. Modify the Bob’s E-Z Loans application so that after the payment is made each month, a finance charge of 1 percent is added to the balance.

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