Question: Amount Owed APR 1 2 = Minimum Payment. The input APR is a percentage, so be sure to divide it by 1 0 0 when
Amount Owed APR Minimum Payment.
The input APR is a percentage, so be sure to divide it by when calculating the minimum payment. The Monthly Percentage Rate is calculated by dividing the APR by since there are months in a year. When printing the monthly percentage rate and the minimum payment, make sure to round them to and decimal places, respectively. You can round any float by putting it inside round:
printround #prints PI rounded to two decimal places
Below are two example runs. The user input is in bold notice the dollar sign is not part of the user input
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
