print 'Given a starting balance and interest rate, this program will calculate your minimum monthly payment,'
print 'in increments of $10, that will pay off your balance in 12 months or less.'
balance = float(raw_input('Enter the outstanding balance on your credit card:'))
interestrate = float(raw_input('Enter the annual credit card interest rate as a decimal:'))
payment = 0
def twelvemonth ():
global payment
month = 0
while month <=11:
month = month + 1
if month==1:
calcbalance = balance
payment = payment + 10
intowed = calcbalance*(interestrate/12)
calcbalance = calcbalance + intowed - payment
if calcbalance <= 0:
print 'Monthly payment to pay off debt in 1 year: $' + str(round(payment, 2))
print 'Number of months needed: ' + str(month)
print 'Balance: $' + str(round(calcbalance, 2))
month = 12
if calcbalance > 0:
twelvemonth ()
twelvemonth ()