k) Define one function- CalculateMonthlylnstallment () --> Double which is used for calculating the monthly installment on the loan amount based on the rate and time. Use formula: Interest = (loan...


k) Define one function- CalculateMonthlylnstallment () --> Double which is used for calculating the monthly<br>installment on the loan amount based on the rate and time. Use formula: Interest = (loan amount – down<br>payment) * rate * time / 100. Monthly Installments = ((loan amount – down payment) + Interest)/ (time * 12)<br>I) Test the above class in main.swift file by creating at least two objects of CarLoan and test its capabilities.<br>

Extracted text: k) Define one function- CalculateMonthlylnstallment () --> Double which is used for calculating the monthly installment on the loan amount based on the rate and time. Use formula: Interest = (loan amount – down payment) * rate * time / 100. Monthly Installments = ((loan amount – down payment) + Interest)/ (time * 12) I) Test the above class in main.swift file by creating at least two objects of CarLoan and test its capabilities.

Jun 11, 2022
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