For this assignment, you'll build an application that calculates the car loan amortization (month by month breakdown for the life of the loan). Prompt the user to enter in the amount of the car loan, the APR, and the car payment per month including interest. The final output of your program should break down the monthly output for the user with the final line showing the total amount paid, total interest paid, and the number of months it took to pay off the car. Sample If the user enters a car loan amount of 20,000 with an APR of 4.5 and monthly payment of 350, the output should look something like this. Note that formatting won't be graded very harshly here for spacing, but it's important to make sure you have the number values on each line as shown below and that you are formatting money values as currency (ahem....ToString("C")). Calculations from month to month will use what's known as simple interest to determine the interest
For this assignment, you'll build an application that calculates the car loan amortization (month by month breakdown for the life of the loan). Prompt the user to enter in the amount of the car loan, the APR, and the car payment per month including interest. The final output of your program should break down the monthly output for the user with the final line showing the total amount paid, total interest paid, and the number of months it took to pay off the car. Sample If the user enters a car loan amount of 20,000 with an APR of 4.5 and monthly payment of 350, the output should look something like this. Note that formatting won't be graded very harshly here for spacing, but it's important to make sure you have the number values on each line as shown below and that you are formatting money values as currency (ahem....ToString("C")). Calculations from month to month will use what's known as simple interest to determine the interest
Chapter7: Characters, Strings, And The Stringbuilder
Section: Chapter Questions
Problem 1CP
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Hi, I a confused about this assignment. I have tried it on my own and have asked the question before but I think I was not detailed enough because the solution was not right but I will be as detailed as possible. I need to put a loop on for a car loan that is $21000 total lasts 69 months with an interest rate of 4.5% and makes a $350 payment every month. It needs to be in # C and I am doing it through Visual Studio too. I can only put 2 of the 3 pages of the assignment on the question, so the months between 3 and 50 can't be shown with this because of the 2-image rule for questions. Hopefully, you can still be able to help. Thank you for your help.
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