Question: Instructions I he creait plan at liabit Computer Store specifies a 10% down payment and an annual interest rate of 12%. Monthly payments are 5%
Instructions I he creait plan at liabit Computer Store specifies a 10% down payment and an annual interest rate of 12%. Monthly payments are 5% of the listed purchase price, minus the down payment Write a program that takes the purchase price as input. The program should display a table with appropriate headers, of a payment schedule for the lifetime of the loan. Each row of the table should contain the following items: 1. The month number (beginning with 1) 2. The current total balance owed 3. The nterest owed for that month 4. The amount of prindipal owed for that month 5. The payment forthat month 6. The balance remaining after payment The amount of interest for a month is equal to halance x rat
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