the interest rate and loan period. Therefore, you want to plan ahead and calculate the total pay off amount using the loan amount, loan period and interest rate. Write a Python program stored in a file q3.py that asks the user for loan period (in years) and interest rate (in percentage) as user input and print out the total pay off amount. Total payoff amount C can be calculated using the formula C = P(1 + r)", where P is the loan amount in dollars), is the loan period (in years), and is the interest rate (0 ≤r≤1). 1Enter interest rate (in percentage): 8.99 2 Enter loan period (in years): 5 3 At 8.99% interest, you need to pay $23068.77 after 5.0 years.

the interest rate and loan period. Therefore, you want to plan ahead and calculate the total pay off amount using the loan amount, loan period and interest rate. Write a Python program stored in a file q3.py that asks the user for loan period (in years) and interest rate (in percentage) as user input and print out the total pay off amount. Total payoff amount C can be calculated using the formula C = P(1 + r)", where P is the loan amount in dollars), is the loan period (in years), and is the interest rate (0 ≤r≤1). 1Enter interest rate (in percentage): 8.99 2 Enter loan period (in years): 5 3 At 8.99% interest, you need to pay $23068.77 after 5.0 years.

C++ for Engineers and Scientists

4th Edition

ISBN:9781133187844

Author:Bronson, Gary J.

Publisher:Bronson, Gary J.

Chapter2: Problem Solving Using C++using

Section2.6: A Case Study: Radar Speed Traps

Problem 4E

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