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T 1. Create and design the flowchart and Python program that will ask for an input for a principal, rate and years. The program

 



T 1. Create and design the flowchart and Python program that will ask for an input for a principal, rate and years. The program must be able to calculate and display the interest and monthly payments. Use the following formula to compute for the interest interest = (principal * rate * time) / 100; Use the sample output below as a guide. Please enter the principal: 2000 Please enter the rate: 2.5 Please enter no. of years: 3 Amount borrowed: 2000.0 Interest charged: 150.0 Monthly installment: 59.72

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Heres the flowchart representing the program Start Input principal rate and years Calculate interest ... blur-text-image

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