#!/usr/bin/python

#Total Balance = 5000
#Minimum monthly payment = 2%
#Annual Interest Rate = 18%

balance = 5000
mrate = 0.02
arate = 0.18
remain=balance
bl=[];

for i in range(0,12):
    print("1. Month: ",i)
    payment = round(remain*mrate, 2)
    interest = (remain-payment)*arate/12
    balance = round(remain-interest, 2)
    print ("2. Minimum monthly payment:", payment)
    print ("3. Remaining balance",  balance)
    bl.append(balance)
    remain = remain-payment+interest