Question

SVED120

solve using Raptor. Kim wants to buy a car. Help Kim compute the monthly payment on a loan, given the loan amount, the annual percentage rate of interest, and the number of monthly payments. The program should allow Kim to input the loan amount, interest rate, and how many payments she wants to make. It should then compute and display the monthly payment.

                   

You will need the following variables:

                   

		Payment        LoanAmt         InterestRate
		MonthlyRate    NumberMonths

                   

You will need the following formulas:

                   

		MonthlyRate = InterestRate/1200


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