PYTHON HELP

4. Loan interest: Banks make money from you by, among other things, giving out loans. The following differential equation describes the principle, P, that you owe while you are paying back your loan given an interest rate, I, and a repayment amount, RP dP dt Using an initial loan amount of $1000, and interest rate of 15%/year, a monthly repayment of $20, and deltaT-l month to find: The time it takes to repay the entire loan The amount of money the bank makes/you lose in this transaction. t. ii. 4. Loan interest: Banks make money from you by, among other things, giving out loans. The following differential equation describes the principle, P, that you owe while you are paying back your loan given an interest rate, I, and a repayment amount, RP dP dt Using an initial loan amount of $1000, and interest rate of 15%/year, a monthly repayment of $20, and deltaT-l month to find: The time it takes to repay the entire loan The amount of money the bank makes/you lose in this transaction. t