Question: Write a C# program When the program, ask the user to enter three numbers: the amount he/she wants to borrow, annual interest rate and monthly
Write a C# program
When the program, ask the user to enter three numbers: the amount he/she wants to borrow, annual interest rate and monthly payment. Your program will calculate how many months it will take to pay off the loan and display the result.
Heres an example
Write a program to solve a mortgage problem. Suppose you borrow $1000 at 12% annual interest rate and make monthly payments of $100. Each month you pay interest on the remaining balance. The interest rate is 1% per month, so the first month you pay $10 interest and 90% goes to reduce the balance to %910. The next months interest is $9.10 and $90.90 is applied to reduce the balance, and so on. The last months payment may be less than $100.
We are using visual studio to run C#
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