This is a Visual Basic project.

Instructions Write a program to estimate monthly payments in a car loan considering the listed assumptions: If A dollars are borrowed atr% interest compounded monthly to purchase a car with monthly payments for n years, then the monthly payment is given by the formula -12n Where i-1200, write a program that calculates the monthly payment after the user gives the amount of the loan, interest rate, and number of years. The figure below shows that monthly payments of $234.23 are required to pay off a 5-year loan of $12,000 at 6.4% interest. (Hint: make the calculation for the interest "i rate first. Then, do the monthly payment calculation paying close attention to the use of nested parentheses, if you use them.) Car Loan Amount of loan: 12000 Interest rate (2): 164 Number of years: 5 Calculate Monthly Payment Monthly payment: $234.23