Need help with writing a program that calculates monthly car payments. I am supposed to be able to enter the principal amount, then based on that display the monthly car payment, length of the loan and interest rate where the interest rate will vary from 3 percent to 6 percent in increments of .5% and the length of the loan will vary from from 36 to 60 months in increments of 12 months
Output should be like the following
Interest Rate Term Monthly Payment 3.0 36 $nnn.nn
3.0 48 $nnn.nn
3.0 60 $nnn.nn
3.5 36 $nnn.nn …..
6.0 60 $nnn.nn
There should be 21 (7 * 3) combinations.