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Write a c++ program Write a C++ program to generate a table with the repayment of a loan. The monthly repayment formula is as follows:
Write a c++ program
Write a C++ program to generate a table with the repayment of a loan. The monthly repayment formula is as follows: R = Pi/12 ((1 + i/12)^12 V/(1 + i/12)^12 v - 1) where the following variables are: R is the calculated monthly repayment P is the principal or amount of the loan y is the number of years of the loan i is the yearly interest rate in decimal (i.e. 4.75% be represented as 0.0475) Have the program be an interactive program, prompting the user for the principal or amount of the loan in dollarsStep by Step Solution
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