Please do my bank interest calculation homework

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    Please do my bank interest calculation homework

    Suppose that P dollars are borrowed from a bank, with the understanding that a dollars will be repaid each month until the entire loan has been repaid. Part of the monthly payment will be interest calculated as i percent of the current repaid balance. The remainder of the monthly payment will be applied towards reducing the unpaid balance. Write a C program that will determine the following
    The amount of interest paid every month
    The amount of money applied towards unpaid balance each month
    The cumulative amount of interest that has been paid @ the end of each month
    The amount of loan that is still unpaid @ the end of each month
    The number of amount payments required to pay the entire loan.

    Test your program using P=$40,000
    A=$2000
    I=%per month

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    What have you tried?
    C + C++ Compiler: MinGW port of GCC
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    Look up a C++ Reference and learn How To Ask Questions The Smart Way

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    Before you code anything, make sure you have your math sorted out. Remember that percent *MEANS* hundreths, and you should be good to start out.

    When you need some help, post up what you have, and tell us what you're stuck on. We will help, but will not do, your homework.

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