Question: QUESTION 1 (30 MARKS) Richfield College is introducing a student loans facility for students to apply for a loan and repay over a stipulated

QUESTION 1 (30 MARKS) Richfield College is introducing a student loans facility for students to apply for a

QUESTION 1 (30 MARKS) Richfield College is introducing a student loans facility for students to apply for a loan and repay over a stipulated timeframe. As a junior developer you have been assigned a task to develop the following student loan repayment calculator (Figure 1), which will be included on the website. The program should use the correct formulae to calculate the loan repayment figures and display the amounts in the correct text fields. Note: Use the images provided Project Background RICHFIELD Enter Loan Information: 1) Amount of the loan (ZAR): 2) Annual percentage rate of interest: 3) Repayment period in years: Calculate Loan Repayment Information: 4) Your monthly payment will be: 5) Your total payment will be: 6) Your total interest payments will be:

Step by Step Solution

★★★★★

3.47 Rating (154 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

import pandas as pd class StudentLoanRepaymentCalculator def initself loanamount interestrate repaym... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Programming Questions!

Little Gulf, Inc. stock will have a return of 2% in the severe recession state, 4% in the slow growth rate state, 10% in the recovery state, and 20% in the boom state. What is the expected return on...

Use the information for P2020. In P Sanderson Inc., a pharmaceutical distribution firm, is providing a BMW car for its Chief Executive Officer as part of a remuneration package. Sanderson has a...

1. Hannah is applying for a life policy on her girlfriend Sarahs life. The policy is $500,000 and carries a large premium. Hannah is the main earner, so she is concerned about not being able to pay...

For the hydrogen atom and the trial function where a is a variational parameter, using atomic units, calculate the expectation values of the potential energy (the operator is 1) and the kinetic -1 d...

Yeayyy.com: venturing into mobile app business Gearing up for the future Yeayyy.com was incorporated as a private limited company in February 2010. Its office was located in Bandar Baru Bangi,...

I need help with this essay. Performing tax research to find correct answers to a given tax situation and composing memoranda summarizing these findings are important parts of tax practice. As...

Question 1 The Jumbo Group restaurant chain launched its initial public offering (IPO) in October 2015. As a financial analyst of Tiger Investment Fund, your boss has requested for you to brief her...

Course: MGMT9730: Human Resources Planning Topic: Outsourcing Read the Rana and Change Cases Questions: 1. What went wrong with Rana? 2. Thinking of all the concepts you have learned in class what...

An optical fiber with an attenuation of 0.4 dB/km is 5 km long. The fiber has n1 = 1.53, n2 = 1.45, and a diameter of 50 m. Find: (a) The maximum angle at which rays will enter the fiber and be...

What price should Vencap offer for the investment opportunity described in Problem 1 if it requires a 17% return on investment? In Problem 1 Vencap Enterprises is evaluating an investment opportunity...

A group of cells that work together to perform a particular function best describes which level of organization? Organ Level Tissue Level Cellular Level Chemical Level q ,

In many cases, a straight bank loan may not be the best source of funds. The following link describes a few of the alternative debt sources available to small businesses today. www.smallbusinessbc.ca...

Prove that when using a dynamic array that grows and shrinks as in the previous exercise, the following series of 2n operations takes O(n) time: n insertions at the end of an initially empty list,...

You are drawing inferences about the mean of one population. (a) When should you use the t distributions as the theoretical model rather than the normal curve model? (b) Why is there a different...

Let INFINITE PDA = {M| M is a PDA and L(M) is an infinite language}. Show that INFINITE PDA is decidable.

Let INFINITE DFA = {A| A is a DFA and L(A) is an infinite language}. Show that INFINITE DFA is decidable.

Which of the following can be used to protect a trench 5-feet or more in depth?slopingShorngBenchingAll of the above

You borrowed $3500.00 at 10.4% p.a. compounded monthly, and repaid $1000.00 after two years and $750.00 after four years. How much do you owe at the end of five years?

On March 15, 2020, Ben bought a government-guaranteed short-term investment maturing on September 12, 2020. How much did Ben pay for the investment if he will receive $10 000 on September 12, 2020,...

David deposited $1700.00 into a savings account earning interest at 3.4% per annum. After 160 days, how much interest had the deposit earned?

Using the data in file statepop.dat, draw a histogram, using the weights, of the number of veterans. Howdoes this compare with a histogram that does not use the weights? The file statepop.dat...

The Rao-Hartley-Cochran (1962) method for selecting psus with unequal probabilities. To take a sample of size n, divide the population into n random groups of psus, U1, U2, . . . ,Un. Then select one...

Suppose you want to take a sample of students in a university but your sampling frame is a list of all classes offered by the university. A student may be in more than one class, so a probability...