In C++

Monthly Payment The monthly payment on a loan may be calculated by the following formula: [Rate *(1 + Rate)N] Payment = *L (1 + Rate)N 1 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 Loan Amount: Monthly Interest Rate: Number of Payments: Monthly Payment: Amount Paid Back: Interest Paid: $ 28000.00 0.54% 36 $ 858.17 $ 30894.19 $ 2894.19