balance = 5000
annualInterestRate = 0.18
minMonthlyPayment = round((0.02 * balance),2)
interest = 0
totalPaid = 0
month = 1

while month <=12:


    print 'Month: ' + str(month)
    print 'Minimum monthly payment: ' + str(minMonthlyPayment)

    interest = (balance - minMonthlyPayment) * (annualInterestRate/12)
    balance -= round(minMonthlyPayment + interest,2)

    totalPaid += minMonthlyPayment

    print 'Remaining balance: ' + str(balance)

    month += 1

print 'Total paid: ' + str(totalPaid)
print 'Remaining balance: ' + str(balance)