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Monthly Payment The monthly payment on a loan may be calculated by the following formula: Payment=(1+Rate)N1[Rate(1+Rate)N]L Rate = monthly interest rate =( annual interest rate )/12 N= number of payments for a full payoff L= the amount of the loan Write a program that asks for these values and displays a report similar to the following (use different values): Loan amount: $28000 Annual interest rate (in the format. 12 (for 12\%) : 0.065 Number of monthly payments to be made: 36 - Loan Report