Question 2

Note: maximum award of 5 marks.

Talal bought a car for 20, 000 OMR. He took a 10,000 OMR loan from a bank at an interest rate of 15% per year for a 3-year period. Write a programthat would calculate and display the interest of the loan per annum and then calculate and display the total amount (interest and loan) that Talal would have to pay the bank at the end of 3 years.

Do the following to document your work:

• Name your program file using your college ID number, followed by the question number and then your firstname, separated by a dash. Example: 123456_Q2_Talal.py
• Show your code, with appropriate comments
• Screenshot of each required output, withan appropriate label anda short explanation.