Write a C program to read loan data $($principal$,$ interest rate, period$),$ and compute monthly payment, total payment,

monthly balance. First type and run the program to make sure everything works. Then replace two boxes with two functions:

$$ Line $27,$ with one value$-$returning function.

$$ Lines $48-50,$ with void function to compute items needed.

No global variable can be used!

$4$ #include

$5$

$6$ int main$()$

$7\{$

$8$ float principal; $//$ loan principal

$9$ float annualintrate; $//$ annual interest rate

$10$ float monintrate; $//$ monthly interest rate

$11$ int numofyears; $//$ loan period in years

$12$ int numofmonths; $//$ loan period in months

$13$ float monpmt; $//$ monthly payment

$14$ float totalpmt; $//$ total patment paid over the loan years

$15$ float tointerest; $//$ interest amount of monthly payments

$16$ float toprincipal; $//$ amount of monthly payment deducted from loan balance

$17$ float balance; $//$monthly balance

$18$

$19//$ prompt and read loan components

$20$ printf$("$

enter principal,, annual inteerest rate and load period, in years: $")$;

$21$ scanf$\_$s$("\%$f $\%$f $\%$d$",$ &principal, &annualintrate, &numofyears$)$;

$22$

$23//$ calculating monthly and total payment

$24$ monintrate $=$ annualintrate $/1200$;

$25$ numofmonths $=$ numofyears $*12$;

$26$

$27$ monpmt $=($principal $*$ monintrate$)$; $/(1\mathrm{.}0-1\mathrm{.}0/$ pow$(1+$ monintrate, numofmonths$))$

$28$ totalpmt $=$ monpmt $*$ numofmonths;

$29$

$30//$ printing results

$31$ printf$("$

$")$;

$32$ printf$("$Principal $-\%\mathrm{.}2$f

$",$ principal$)$;

$33$ printf$("$Annual interest rate $=\%\mathrm{.}2$f

$",$ annualintrate$)$;

$34$ printf$("$Years of loan $=\%$d

$",$ numofyears$)$;

$35$ printf$("$Monthly Payment $=\%\mathrm{.}2$f

$",$ monpmt$)$;

$36$ printf$("$Total payment $=\%\mathrm{.}2$f

$",$ totalpmt$)$;

$37$ printf$("$

$")$;

$38$

$39//$ calculate loan balance for $24$ months

$40//$ the header must be printed before the loop

$41$ printf$("$Month to interest to principal Balance

$")$;

$42$ printf$("--------------------------------------$

$")$;

$43$

$44$ balance $=$ principal; $//$ original balance: entire loan

$45$

$46$ for $($intmonnum $=1$; monnum $<=24$; monnum$++)//$the forr$-$loop and printing must stau in their own current place. do not move them to insdide function.

$47\{$

$48$ tointerest $=$ balance $*$ monintrate; $//$ amount of loan used for interest

$49$ toprincipal $=$ monpmt $-$ tointerest; $//$ amount of loan that reduces balance

$50$ balance $-=$ toprincipal; $//$ adjust balance

$51$ printf$("\%4$d $\%8\mathrm{.}2$f $\%8\mathrm{.}2$f $\%8\mathrm{.}2$f

$",$ monnum, tointerest, toprincipal, balance$)$;

$52\}$

$53\}$

output

enter principal, annual interest rate and load period, in years: $4000007\mathrm{.}7530$

principal $=400000\mathrm{.}00$

annual interest rate $=7\mathrm{.}75$

years of loan $=30$

monthly payment $=2865\mathrm{.}65$

total payment $=1031635\mathrm{.}63$

month to interest to principal balance

$----------------------------------------------$

$12583\mathrm{.}33282\mathrm{.}32399717\mathrm{.}69$

$22581\mathrm{.}51284\mathrm{.}14399433\mathrm{.}53$

$32579\mathrm{.}67285\mathrm{.}98399147\mathrm{.}56$

$42577\mathrm{.}83287\mathrm{.}83398859\mathrm{.}75$

$52575\mathrm{.}97289\mathrm{.}69398570\mathrm{.}06$

$62574\mathrm{.}10291\mathrm{.}56398278\mathrm{.}50$

$72572\mathrm{.}22293\mathrm{.}44397985\mathrm{.}06$

$82570\mathrm{.}32295\mathrm{.}33397689\mathrm{.}72$

$92568\mathrm{.}41297\mathrm{.}24397392\mathrm{.}47$

$102566\mathrm{.}49299\mathrm{.}16397093\mathrm{.}31$

$112564\mathrm{.}56301\mathrm{.}09396792\mathrm{.}22$

$122562\mathrm{.}62303\mathrm{.}04396489\mathrm{.}19$

$132560\mathrm{.}66305\mathrm{.}00396184\mathrm{.}19$

$142558\mathrm{.}69306\mathrm{.}97395877\mathrm{.}22$

$152556\mathrm{.}71308\mathrm{.}95395257\mathrm{.}34$

$162554\mathrm{.}71310\mathrm{.}94395257\mathrm{.}34$

$172552\mathrm{.}70312\mathrm{.}95394944\mathrm{.}41$

$182550\mathrm{.}68314\mathrm{.}97394312\mathrm{.}44$

$192548\mathrm{.}65317\mathrm{.}95394312\mathrm{.}44$

$202546\mathrm{.}60$

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