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USE C++ PLEASE.. 5.21 (Financial application: compare loans with various interest rates) Write a program that lets the user enter the loan amount and loan
USE C++ PLEASE..
5.21 (Financial application: compare loans with various interest rates) Write a program that lets the user enter the loan amount and loan period in number of years and displays the monthly and total payments for each interest rate starting from 5% to 8%, with an increment of 1/8. Here is a sample run: Loan Amount: 10000 Number of Years: 5 Interest Rate Monthly Payment Total Payment 5.000% 188.71 11322.74 5.125% 189.29 11357.13 5.250% 189.86 11391.59 ... 7.875% 202.17 12129.97 8.000% 202.76 12165.84
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