Question: In Python Assume that a financial company has asked you to write an Auto Loan Calculator program. This program must allow user to enter required

In Python
In Python Assume that a financial company has asked you to write

Assume that a financial company has asked you to write an Auto Loan Calculator program. This program must allow user to enter required information and the program will then use the informatio to calculate monthly payment of an auto loan based on the inputs. Create a Python Application, CarLoan.py, which prompts the user to enter the following information. a. Vehicle Price b. Trade-in Value c. Down Payment d. Term of Loan (How many months the loan will be paid off) After the user enters all information, the program will then calculate the total price of vehicle and monthly payment. Here are formulas to calculate total price and monthly payment. Total price of vehicle = vehicle price trade in value - down payment Monthly payment = total price of vehicle / term of loan Please display the output as shown in the sample run. Sample Run: Enter Vehicle Price: 30000.00 Enter Trade-in Value: 8000.00 Enter Down Payment: 2000.00 Enter Term of Loan (Number of Months) : 60 Total Vehicle Price: $20000.00 Monthly Payment: $333.33 Submit your Python file (.py) on Blackboard. You can also copy/paste your Python code in your Python file onto the submission page when you submit your work

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!