Sara wants to buy a car , Help Sara compute the monthly payment on a loan . You have the following data You will be given the loan amount , the annual percentage rate of interest and number of monthly payments . Your program should allow Sara to input the loan amount , interest rate and how many payments she wants to make Your program should then compute and display the monthly payment You need to make the following variables Payment , Loan Amt Interest Rate Monthly Rate , NumberMonths You will need the following formula Monthly Rate = Interest Rate / 1200 When the user enters Interest Rate as a percentage , it must be divided by 100 to make it a decimal lie , 18% = 18 /100 = 0. 18 ) The Interest Rate offered by car dealers is an annual rate so this must be divided by 12 to get the Monthly Rate . The formula in step 5 combines steps 6 and 7 ( i . e . , annual rate of 18 % = 18/ 100 0.18 and the monthly rate is 0 . 18/ 12 0 015 or 18 / (100 * 12 ) = 18 / 1200 . ) Payment - Loan Amt * Monthly Rate * ( 1 + Monthly Rate ) Number Months ( ( 1 + Monthly Rate Number Months - 1 ) This formula must be entered correctly for it to calculate the correct