Question: Create a program that calculates the payment, total cost and cost of borrowing of a loan. (20 points) Again, no tricks. You have ALL THE

Create a program that calculates the payment, total cost and cost of borrowing of a loan. (20 points)

Again, no tricks. You have ALL THE CODE you need in my example. Make it a program and then run it with the following prompts and values.

= RESTART: C:/Users/gijrs/AppData/Local/Programs/Python/Python39/calcPayment.py

What is your total of the loan? 20000

What is your interest? 4.74% would be entered in as 4.74 4.74

How many years? 4

How many payments per year? 24

Your payment would be $228.91 a period

Your Total Cost of the car would be $21,975.56

The cost of borrowing would be $1,975.56

>>>

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Databases Questions!

Q:

Create a program that calculates and displays the tip and total for a meal at a restaurant. Type the code into an IDLE IDE editor window and save the finished code as a . py source code file....

Q:

Write a program that calculates the annual after-tax cost of a new house for the first year of ownership. The user inputs the price of the house and the downpayment made on it. The program thus knows...

Q:

c++ please! ty! F=GR2m1m2 How would you write this as code? You might solve it in parts instead of one shot because it makes it easier to check. It would look something like: MAIN CREATE f1, m1, m2,...

Q:

For the college do UPENN, for the major do Fintech, for the job do some kind of finance related job Financial Literacy Project Directions: Follow the prompts to complete each scenario, remember this...

Q:

For the college do UPENN, for the major do Fintech, for the job do some kind of finance related job AP Government Final Project Directions: Follow the prompts to complete each scenario, remember this...

Q:

Can anybody help me finsh this java work? To help me create Assignment5.java and Customer.java? Thank you! What This Assignment Is About: Implementing classes Understanding and accessing instance...

Q:

Can anyone provide clear instructions on how to do these step by step? Thank you YO16_XL_CH11_GRADER_PS1_HW - Loan Analysis 1.4 Project Description: Janette Franklin, owner of Frank Solutions, LLC,...

Q:

Cash Budget Problem for Exam #3, Managerial Accounting 201-06 Background CBC Company sells specialty computer chips to various manufacturers. The controller, Mr. Mercken, has instructed you as the...

Q:

Assume today is March 16, 2016. Natasha Kingery is 30 years old and has a Bachelor of Science degree in computer science. She is currently employed as a Tier 2 field service representative for a...

Q:

Create a program that calculates the tip and total for a meal at a restaurant. Type the code into an IDLE IDE editor window and save the finished code as a .py source code file. Remember that the...

Q:

2. Material has been observed in a circular orbit around a black hole some five thousand light-years away from Earth. Spectroscopic analysis of the material indicates that it is orbiting with a speed...

Q:

On an ice rink, two skaters of equal mass grab hands and spin in a mutual circle once every 2.5s. If we assume their arms are each 0.80m long and their individual masses are 60.0kg, how hard are they...

Q:

A company is considering purchasing a parcel of land that was originally acquired by the seller for $ 9 8 , 0 0 0 . While the land is currently offered for sale at $ 1 7 6 , 0 0 0 , it is considered...

Q:

use shell balance approach to generate formula equation for solving this problem (Directly introducing formula is unacceptable) An open tank, 10ft in diameter, containing benzene at 25C is exposed to...

Q:

From a Comparable Worth Standpoint, what is the situation with regard to Federal Gender-based Employee Pay Equity?

Q:

Provide an example of how drilling down further into information can yield new results.

Q:

What do Dimensions represent in OLAP Cubes?