Reference no: EM13936688
Write a program to generate a table of factors used to compute monthly payments for the money borrowed.
Use the following formula to compute the payment factors.
( I + 1)^N * I
Payment Factor = ---------------------
( I + 1)^N - 1
Where
I = 1/12th of the interest rate
N = Total months in term
The factor table will be defined based on the input supplied by the user. Input to the program will be the interest rate range (2 numbers), an increment, and the range of years to generate for the mortgage table. The program should prompt the user for these values. The output will be a table of these factors, rather there could be multiple tables as each individual table is allowed to be just 8 columns across and as many rows as there are years.
The table values should be printed with 4 digits of accuracy.
A sample session with program could look similar to following.
Monthly Payment Factors used to Compute Monthly Payments
Enter Interest Rate Range and Increment 8.00 16.00 .25
Enter the Year Range 1 20
interest rates
8.00 8.25 8.50 .... 9.25 9.50
1 xxx xxx xxx xxx xxx
years 2 xxx xxx xxx xxx xxx
3 xxx xxx xxx xxx xxx
|
Dna replication is a method of growth, repair, and recovery
: DNA replication is a method of growth, repair, and recovery. Give me the highlights for a cell making nuclear copies and for cells dividing for reproductive purposes. Not too much detail, because this could get lengthy. I will ask for more depth i..
|
|
Knowledge gap in senior management
: The internet uses a network technology called TCP/IP. The name comes from the protocol stack that includes TCP protocol in the transport layer and IP protocol in the network layer. Sometimes UDP ..
|
|
Write a c++ program that will manipulate an array
: Write a C++ program that will manipulate an array. It should handle up to 100 integer numbers. Write a separate function for each of the requirements mentioned below. Label the output appropriately.
|
|
Practical application of accounting theory
: Write an explanation of each theory sourced, in the most part from the academic journal articles evaluated in Part A above (you may use additional sources to support your discussion including your set text).
|
|
Write a program to generate a table of factors
: Write a program to generate a table of factors used to compute monthly payments for the money borrowed.
|
|
The internet uses a network technology
: The internet uses a network technology called TCP/IP. The name comes from the protocol stack that includes TCP protocol in the transport layer and IP protocol in the network layer. Sometimes UDP protocol is used in the Transport layer ..
|
|
Consider a market where supply and demand
: Consider a market where supply and demand are given by QXS = -10 + PX and QXd = 71 - 2PX. Suppose the government imposes a price floor of $33, and agrees to purchase any and all units consumers do not buy at the floor price of $33 per unit.
|
|
The conclusion that the level of output is efficient
: The conclusion that the level of output is efficient at the market equilibrium rests on all of the following assumptions EXCEPT that __________ . A. buyers and sellers are well-informed B. there are no external costs or benefits
|
|
How can we avoid fragmenting habitats
: How can we avoid fragmenting habitats and still retain the use of our property? What are some examples?
|