(Financial application: calculate interest) If you know the balance and the annual percentage interest rate, you can compute the interest on the next monthly payment using the following formula:...


(Financial application: calculate interest) If you know the balance and the annual percentage interest rate, you can compute the interest on the next monthly payment using the following formula:


interest = balance x (annualInterestRate/1200)


Write a program that reads the balance and the annual percentage interest rate and displays the interest for the next month.



Jun 10, 2022
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