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The monthly payment on a loan may be calculated by the following formula: Payment = Rate^* (1 + Rate)^N/(1 + Rate)^N - 1 * L/;

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The monthly payment on a loan may be calculated by the following formula: Payment = Rate^* (1 + Rate)^N/(1 + Rate)^N - 1 * L/; Rate is the monthly interest rate, which is the annual interest rate divided by 12. (A 12 percent annual interest would be 1 percent monthly interest.) N is the number of payments and L is the amount of the loan. Write a program that asks for these values and displays a report similar to the following

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