#include #include using namespace std; int main() { // Enter yearly interest rate cout << "Enter yearly interest rate, for example 8.25: "; double annualInterestRate; cin >> annualInterestRate; // Obtain monthly interest rate double monthlyInterestRate = annualInterestRate / 1200; // Enter number of years cout << "Enter number of years as an integer, for example 5: "; int numberOfYears; cin >> numberOfYears; // Enter loan amount cout << "Enter loan amount, for example 120000.95: "; double loanAmount; cin >> loanAmount; // Calculate payment double monthlyPayment = loanAmount * monthlyInterestRate / (1 - 1 / pow(1 + monthlyInterestRate, numberOfYears * 12)); double totalPayment = monthlyPayment * numberOfYears * 12; monthlyPayment = static_cast(monthlyPayment * 100) / 100.0; totalPayment = static_cast(totalPayment * 100) / 100.0; // Display results cout << "The monthly payment is " << monthlyPayment << endl << "The total payment is " << totalPayment << endl; return 0; }