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N.B alignment should not change if numbers change Please do not use PrettyTable. A motor vehicle company has a financing option for car purchases. 1.
N.B alignment should not change if numbers change
Please do not use PrettyTable.
A motor vehicle company has a financing option for car purchases. 1. Write the pseudocode for a program that takes car price as input and prints (displays) a table of scheduled installments. The table should include appropriate headers. Each row in the table should display the following information: month, year, starting balance, payment, ending balance, and remaining installments. (10 points) The annual interest rate is 6% The down payment is 10% of the care price. The balance must be paid in can be paid in either 24 or 36 months (2 or 3 years). The choice is made by the user at the beginning Initial balance = (purchase price - down payment) + ((purchase price - down payment) * 0.06* (2 or 3 years)) Monthly payment = initial balance /months 2. Write a python program for the pseudocode you wrote for part 1. (50 points) N.B. your code should show appropriate use of naming conventions, formatting, and comments. In addition, your code should show appropriate use variables, formulas (calculating a remainder), loops, and if conditions. i.e. If the purchase price is $10,000 and the payment is made in 2 years, the result should be as follows: Month Year Remaining Installments SOOJU Starting Balance Installment Ending Balance 10090.00 420.00 9660.00 9660.00 420.00 9240.00 9240.00 420.00 8820.00 8820.00 420.00 8400.00 8400.00 420.00 7990.00 7980.00 420.00 7560.00 7560.00 420.00 7140.00 7140.00 420.00 6720.00 6720.00 420.00 6300.00 6300.00 420.00 58 80.00 5880.00 420.00 5460.00Step by Step Solution
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