1. Please use Python 3 to write the follwing functions: Please do not write by hand show all outputs and please share code.

2. Please show all outputs.

PLEASE JUST ANSWER #3 BASED ON THE INFORMATION GIVEN BELOW:

problem 3

Rewrite your code from the mortgage calculator from the Python part of Assignment 2 to use functions.

You must use (and call, ha) at least three functions total.

INFROMATION TO ANSWER PART #3 show outputs and please share code

- Mortgage calculator simply stores only necessary information such as the principal amount as balance, monthly_interest. the number of months, interest (of that month) for each month as iteration. In each iteration, we simply update the values of the variables such as balance, month, etc.

- Steps involving in mortgage calculator: (See code for more details)

Step 1: Storing of variables (Such as balance, month, etc.)

Step 2: Iteration loop (Including update information of amount, interest, and months)

Step 3: Printing values in required format i.e.in form of a table.

Python 3 Code: (Runnable and tested on python3.7)

# Python 3 program for mortgage calculator

import sys

import os

balance = 100000

interest_rate = 5.0

monthly_payment = 500

print("month" + "\t" + "payment" + "\t" + "interest" + "\t" + "balance" + " ")

M_value = 99000

month = 0

interest = 0

while(balance > M_value):

interest = balance * (interest_rate / 12)

month += 1

balance = balance + interest - monthly_payment

print(month + "\t" + monthly_payment + "\t" + interest + "\t" + balance + " "