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In all situations where the student is not paying the bill in full today, you will need to calculate the per period payment {note that

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In all situations where the student is not paying the bill in full today, you will need to calculate the per period payment {note that this is what is referred to as an amortized payment amount this payment includes part of payment as well as part of the interest too}. The formula for calculating an amortized payment amount is: . r Tl 1(1 + 1 A = P . ,. l . (I + t) 1 Where i is the periodic interest rate, n is the total number of periods, P is the principal (or total amount owed), and A will be the amortized payment amount [how much the student is going to pay per period of payment). You can assume that the interest that the school charges is 10%. You should create an amortization function to handle the calculation of the amortized payment amount and the total amount the student will pay. The function must receive the principal, the periodic interest rate, and the number of periods of payment an appropriate RETURN usage to return the total amount that the students will pay after all payments {this means that you will need to calculate the amortized amount and then multiple it by the number of payments to get the total that the student will pay}. You may not use/create global variables in any of the functions nor use variables that have the same name in the main program as in the functionIs) (hint: you will need to use functions with a RETURN and that pass arguments that are stored in parameters)

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