Problem2_PSet2

#Problem2_PSet2

#pre-produced
balance = 484
annualInterestRate = 0.2
# NOTE: NO 'monthly payment rate'
saved_balance = balance

#-------------------------Call Function
#Minimum fixed monthly payment
monthlyInterestRate = (annualInterestRate) / 12.0
monthlyUnpaidBalance = (Previous_balance) #- (Minimum_FixedMonthlyPayment)
updatedBalanceEachMonth = (monthlyUnpaidBalance) + (monthlyInterestRate * monthlyUnpaidBalance)