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Monthly Mortgage Payments (mortgage.py) The amount of a monthly mortgage payment depends on three things: the amount of the mortgage, the interest rate and the
Monthly Mortgage Payments (mortgage.py) The amount of a monthly mortgage payment depends on three things: the amount of the mortgage, the interest rate and the number of years it will take to pay off the mortgage. Write a program which will ask the user for the amount of the mortgage and then will print a table showing the monthly payments. Each column will be for a different number of years (5, 10, 15, 20, 25, 30 and 35) and each row will be for a different interest rate (0.25, 0.50, 0.75, 1.00 6.00). The of formula is: ho.d marth ly --i- (1 (rate/200) )(1/6) -1 + inttrest ratc monthlyPaymentf mortgageAmount Ensure that the table is well aligned/formatted (ie currency)
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