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Write a C program to calculate monthly payment and print a table of payment schedule for a fixed rate loan, which performs a similar task
Write a C program to calculate monthly payment and print a table of payment schedule for a fixed rate loan, which performs a similar task as in the link below In this C program, the input and output are defined as following: Input: amount of loan, interest rate per year and number of payments Output: a table of amortization schedule (also called payment schedule) containing payment number, monthly payment, principal paid, interest paid and new balance at each row . The attached screenshot below shows a sample of the output. uans-MacBook-Pro: PC yuanlong$ ./loanCalc nter amount of loan : $ 500 nter Interest rate per year : % 7.5 Enter number of payments : 5 ontly payment should be 101.88 222222sAMORTIZATION SCHEDULE sssszs2- Payment $101.88 $101.88 $101.88 $101.88 101.88 Principal $98.76 $99.38 $100.00 $100.62 Interest $3.12 $2.51 $1.89 $1.26 Balance $401.24 $301.87 $201.87 $101.25 0.00 101.25 0.63
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