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By: a guest on Feb 25th, 2013  |  syntax: None  |  size: 0.74 KB  |  views: 26  |  expires: Never
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1. import math
2.
3. Oblance=float(raw_input("Enter the outstanding blance on your credit card?"))
4. Irate=float(raw_input("Enter the annual credit card interest rate as a decimal?"))
5. Mprate=float(raw_input("Enter the minimum monthly payment rate as a decimal?"))
6.
7. tbalance=Oblance
8. totalpay=0
9. for i in range(1,13):
10.
11.     mmp=Oblance*Mprate
12.     ip=Irate/12*Oblance
13.     pp=mmp-ip
14.     Rblance=Oblance-pp
15.     Oblance=Rblance
16.     totalpay+=mmp
17.     print "month " + str(i)
18.     print "Minimum monthly payment: "+ str(round(mmp,2))
19.     print "Principle balance: "+str(round(pp,2))
20.     print "Remaining blance: "+str(round(Rblance,2))
21.
22. print "RESULT"
23. print "Total amount paid: " + str(round(totalpay,2))
24. print "Remaining blance: " + str(round(Rblance,2))
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