1. Design an application for Bob’s E-Z Loans. The application accepts a client’s loan amount and monthly payment amount. Output the customers loan balance each month until the loan is paid off. a....

1. Design an application for Bob’s E-Z Loans. The application accepts a client’s loan amount and monthly payment amount. Output the customers loan balance each month until the loan is paid off.
a. Modify the Bobs E-Z Loans application so that the after payment is made each month a finance charge of 1% is added to the balance.
2. Design a retirement planning calculator for Skulling Financial Services. Allow a user to enter a number of working years remaining in the user's career and the simple amount of money the user can save. Assume the user earns 3% simple interest on saving annually. Program output is a schedule that lists the number of years in retirement starting with the year 0 and the user’s savings at the start of that year. Assume that the user spends $60,000 per year in retirement and then earns 3% interest on the remaining balance. End the list after 30 years, or when the user's balance is 0 or less, whichever comes first. (Hint – Stacked Loops – 2 separate Loops)

NOTE: Code   C++