For all the problems here you need to create a text file fro

For all the problems here, you need to create a text file from your script with the following format: State the problem number. Headers. Corresponding data. The output should be a table with each column of data under its own header. Also append ail the problems in one text file. An example of your final file is shown below: The monthly payment M of a loan amount P for .y years and with interest rate r can be calculated by the formula: Calculate the monthly payment and the total payment for a 100.000 loan for 10, 11, 12, 29, 30 years with an interest rate of 4.85%. Display the results in a three-column table where the first column is the number of years. the second is the monthly payment. and the third is the total payment.

Solution

Calculate the monthly payment and total payment for a 100,000 loan for 10,11,…,30 years with an interest rate 4.85%.display the result in athree column table where the first column is the number of years the second column is the monthly payment and third column is total payment

principle amount the no of years rate of interest mothly payment Total payment
100,000 10 0.0485 1053.338 1053.338
100,000 11 0.0485 979.0372 2032.376
100,000 12 0.0485 917.3837 2949.759
100,000 13 0.0485 865.4578 3815.217
100,000 14 0.0485 821.1737 4636.391
100,000 15 0.0485 783.0019 5419.393
100,000 16 0.0485 749.7949 6169.187
100,000 17 0.0485 720.6752 6889.863
100,000 18 0.0485 694.9605 7584.823
100,000 19 0.0485 672.1116 8256.935
100,000 20 0.0485 651.6976 8908.632
100,000 21 0.0485 633.3693 9542.002
100,000 22 0.0485 616.8409 10158.84
100,000 23 0.0485 601.8765 10760.72
100,000 24 0.0485 588.2793 11349
100,000 25 0.0485 575.8841 11924.88
100,000 26 0.0485 564.5508 12489.43
100,000 27 0.0485 554.1604 13043.59
100,000 28 0.0485 544.6105 13588.2
100,000 29 0.0485 535.8131 14124.02
100,000 30 0.0485 527.6918 14651.71
 For all the problems here, you need to create a text file from your script with the following format: State the problem number. Headers. Corresponding data. Th

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