Make a loan calculator similar to the calculator in the link below https://www.bankrate.com/calculators/mortgages/loan-calculator.aspx

Using visual studio 2017 in Visual Basic language

Problem 3 Make a loan calculator program similar to the one in the link below The program would take as the input the loan amount, the loan term in number of years, and the yearly interest rate. Then, it caloulates the monthly payment of the loan, together with the total interest paid by the borrower, and the total loan cost wthich is the sum of all payments made by the borrower The formula for calculating the monthly payments is Monthly Payment rate rate + x principa 1+ rat -1 Whese sale Anmaal Percenage Rale divided b 1 20 Note that The rate in the equation above is the monthly rate of interest, which is the annual rate divided by 12.00. For example an 8% annual rate becomes 00066 mortiy nterest Months in the equation above is the loan term (Number of years) 12 - Princpal is the initial loan amount For more information about how to use the formula above piease take a look at the folowing link: The following figures show two sample outputs of the program Loan Amount Loan Terms in Years Interest rate per year 10000 Caicuate Monthly Paymens: Total interest paid Totul loan Cost (sum of all payments $11.599 58 $193 33 $1599 58 For more information about how to use the formula above please take a look at the following link The following figures show two sample outputs of the program. Loan Amount 10000 Loan Terms in Years: 5 Interest rate per year 6 Calculate Monthly Payments Total interest paid: Total loan Cost (sum of all payments): $11,599.68 $193.33 $1,599.68 Loan Amount 150000 Loan Terms in Years: 30 Interest rate per year3 Calculate Monthly Payments Total interest paid: Total loan Cost (sum of all payments) $396,232.87 $1,100.65 $246,232 8