Draw a flowchart that will design an application for Bob’s E-Z Loans. The application accepts a client’s loan amount and monthly payment amount. After the payment is made each month, a finance charge of 1 percent is added to the balance. Output the customer’s loan balance and month for each month until the loan is paid off.
Draw a flowchart that will design an application for Bob’s E-Z Loans. The application accepts a client’s loan amount and monthly payment amount. After the payment is made each month, a finance charge of 1 percent is added to the balance. Output the customer’s loan balance and month for each month until the loan is paid off.
Chapter5: Looping
Section: Chapter Questions
Problem 2CP
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Draw a flowchart that will design an application for Bob’s E-Z Loans. The application accepts a client’s loan amount and monthly payment amount. After the payment is made each month, a finance charge of 1 percent is added to the balance. Output the customer’s loan balance and month for each month until the loan is paid off.
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