c++ program

You have just purchased a stereo system that costs $1000.00 on the following credit plan: no down payment, an interest rate of 18% per year and hence 1.5% per month), and monthly payments of $50.00. A portion of the monthly payment of $50.00 is first used to pay the interest, and whatever is left is used to pay part of the remaining debt. After the first month, you pay 1.5% of $1,000 in interest, which is $15.00. So the remaining $35.00 is deducted from your debt, which leaves you with a debt of $965.00. The next month you pay interest of 1.5% of $965.00, which is $14.48. Therefore, you can deduct $35.52 ($50.00 - $14.48 = $35.52) from your current debt. Write a program that will tell you how many months it will take you to pay off the loan, as well as the total amount of interest paid over the life of the loan. After each month, also print the interest payment, loan payment, and remaining balance on the loan. Specifications: Use Netbeans to create a HW04 project, and a main.cpp file using C++11. Use a loop to calculate the amount of interest, loan payment, and the size of the debt after each month. Print the results to the screen in dollar format (2 values after the decimal point), and use the setw() function to set the width of the numbers being printed so that the dollar and cents align correctly between the numbers. You may also want to use the tab character. Include constants for the monthly interest rate, the monthly payment, and any additional variables you need to solve the problem. The output of your program should look like: Month 1 Interest Payment: Loan Payment: Remaining Loan: $ 15.00 $ 35.00 $965.00 Month 2 Interest Payment: Loan Payment: Remaining Loan: $ 14.47 $ 35.52 $929.48 The loan will take 24 months to pay off. The total interest payments are $197.83