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Computers and Technology, 22.02.2021 22:30 barnettboy76
SECTION A Instruction: Answer the following questions in credit store. py source file. Do not upload the constant. py file. You are required to upload the source file 10 minutes before the end of the examination. HUK computer store offers credit plan at 10% down payment and an annual interest rate of 12%. You are required to write a program called credit store. py to print a payment schedule for a loan to purchase a computer for the first month: a. Create two constants in the constant. py program. o annual interest rate = 12% o monthly rate = annual interest rate/12 b. import the constant file in the credit_store program c. Prompt the user for the purchase price. d. Display a table with the following headers: o The month number o The starting balance o The interest to pay o The principal to pay The monthly payment o The ending balance for that month e. The month number should begin with 1 f. Monthly payment is calculated at 5% of the purchase price. g. The amount of interest for a month is calculated as the purchase price * month rate h. The amount of principal for a month is equal to the monthly payment minus the interest owed. i. The ending balance remaining after monthly payment which is calculated as the starting balance - the monthly payment. SAMPLE OUTPUT Enter the purchase price: 900 Month Sta
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SECTION A Instruction: Answer the following questions in credit store. py source file. Do not upload...
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