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If Loan amount, Number of months and Rate of interest are entered through the keyboard write a program to calculate the monthly installment (including contribution towards Principle and Interest) for each month of loan duration.
C language C Solution Chapter 4 Programming 

Q26 If Loan amount, Number of months and Rate of interest are entered through the keyboard, write a program to calculate the monthly installment (including contribution towards Principle and Interest) for each month of loan duration.

Lokesh Kumar 0 Comments ,

Program: 119

If Loan amount, Number of months and Rate of interest are entered through the keyboard, write a c program to calculate the monthly installment (including contribution towards Principle and Interest) for each month of loan duration.

Output:

Month: Basic Pay  Interest Pay   EMI       Remaining Pay
1:     1966.94    83.33          2050.28   8033.06
2:     1983.33    66.94          2050.28   6049.72
3:     1999.86    50.41          2050.28   4049.86
4:     2016.53    33.75          2050.28   2033.33
5:     2033.33    16.94          2050.28   -0.00
Total Interest Paid: 251.38

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