Question: c# beginner Task - Compare Loans You are going to build a program that lets the user to compare the loan payment with various interest

Task - Compare Loans You are going to build a program that lets the user to compare the loan payment with various interest rates. Prompt the user to enter the loan amount and loan period in number of years. Then display the monthly and total payments for each annual interest rate starting from 5% to 8%, with an increment of 0.5%. Formula: www B Hi Hity All wenn 12 Monthly interest rate = annual interest rate/12 You can use Math.Pow(sy) for x power y Handle the potential errors. Send a warning if the user input is problematic. wo Coronet e Whats the weather ke today? Find out here Tevi DACH 1 Soto - 2 Sinews wit.collections.Generic using System in System.Texti w System.Threading.Tasks leppe TO 11 13 11 14 tie wildrinutrinell) prot tower la Cornw.it) Console.Write( ort) Wer input de convertible (>>> if (IS) 19 21 So - CY Types O 6 8 Prompt the user to enter the loan amount and display the monthly and total payments for each 5% to 8%, with an increment of 0.5%. Formula: monthly Payment loanAmount X monthlyInterestRate 1 1 (1 + monthlyInterestRate)umberOjYears x 12 monthlyPayment X numberOfYears x 12 totalPayment Monthly interest rate = annual interest rate/12 You can use Math.Pow(x,y) for x power y Handle the potential errors. Send a warning if t 5 interest rates. user to enter the loan amount monthly and total payments for with an increment of 0.5%. monthly Payment = loanAmount X monthlyInterestRate 1 1 (1 + monthlyInterestRate)rumberOfYears x 12 monthly Payment X numberOfYears x 12 totalPayment uy interest rate = annual interest rate/12 n use Math.Pow(x,y) for x power y the potential errors. Send a warning if CARS OF BUSINESS
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
