Question: Write a program in c Program 2 You have been approached by a consumer advocacy group that wants to show people how predatory high -

Write a program in c
Program 2
You have been approached by a consumer advocacy group that wants to show people how predatory high-interest loans can be. They would like a simple tool that a consumer could enter a loan amount, the annual interest rate, and the payments they will make, and be given the remaining balance after the first, second, and third monthly payments. They remind you that the interest calculation happens before the payment is registered. This program will need to include dollars and cents, and be limited to 2 digits ans the decimal point (no tenths of cents).
Example:
Enter amount of loan: 1000.00
Enter annual interest rate: 60.0
Enter monthly payment: 40.00
Balance remaining after first payment: ,1010.00
Balance remaining after second payment: 1020.50
Balance remaining after third payment: 1031.52
 Write a program in c Program 2 You have been approached

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!