Question: The credit plan at TidBit Computer Store specifies a 1 0 % down payment and an annual interest rate of 1 2 % . Monthly
The credit plan at TidBit Computer Store specifies a down payment and an annual interest rate of Monthly
payments are of the listed purchase price.
Write a program in the file
tidbit.py 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:
the month number beginning with
the current total balance owed
the interest owed for that month
the amount of principal owed for that month
the payment for that month
the balance remaining after payment
The amount of interest for a month is equal to balance rate The amount of principal for a month is equal to the
monthly payment minus the interest owed. LO:
Instructions
Task : Write the
tidbit.py program that displays the correct table information.
An example of the program is shown below:
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