Question: Use Visual Studio 2017 please ( it is C#) The credit plan at TidBit Computer Store specifies a 10% down payment and an annual interest

Use Visual Studio 2017 please ( it is C#)

The credit plan at TidBit 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 uses a textbox for the user to enter the purchase price. The program should display a

table in a listbox 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 1)

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 / 12. The amount of principal for a month

is equal to the monthly payment minus the interest owed.

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!