pose that netBalance is the balance shown in the bill, payment is the payment made, d1 is the number of days in the billing cycle, and d2 is the number of days payment is made before billing cycle. Then, the average daily balance is: averageDailyBalan
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Interest on a credit card’s unpaid balance is calculated using the average daily balance.
Suppose that netBalance is the balance shown in the bill, payment is the payment made, d1 is the number of days in the billing cycle, and d2 is the number of days payment is made before billing cycle.
Then, the average daily balance is:
averageDailyBalance = (netBalance * d1 – payment * d2) / d1
If the interest rate per month is, say, 0.0152, then the interest on the unpaid balance is:
interest = averageDailyBalance * 0.0152
Write a
The program outputs the interest.
Format your output to two decimal places.
Step by step
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- When you borrow money to buy a house, a car, or for some other purpose, you repay the loan by making periodic payments over a certain period of time. Of course, the lending company will charge interest on the loan. Every periodic payment consists of the interest on the loan and the payment toward the principal amount. To be specific, suppose that you borrow $1,000 at an interest rate of 7.2% per year and the payments are monthly. Suppose that your monthly payment is $25. Now, the interest is 7.2% per year and the payments are monthly, so the interest rate per month is 7.2/12 = 0.6%. The first months interest on $1,000 is 1000 0.006 = 6. Because the payment is $25 and the interest for the first month is $6, the payment toward the principal amount is 25 6 = 19. This means after making the first payment, the loan amount is 1,000 19 = 981. For the second payment, the interest is calculated on $981. So the interest for the second month is 981 0.006 = 5.886, that is, approximately $5.89. This implies that the payment toward the principal is 25 5.89 = 19.11 and the remaining balance after the second payment is 981 19.11 = 961.89. This process is repeated until the loan is paid. Write a program that accepts as input the loan amount, the interest rate per year, and the monthly payment. (Enter the interest rate as a percentage. For example, if the interest rate is 7.2% per year, then enter 7.2.) The program then outputs the number of months it would take to repay the loan. (Note that if the monthly payment is less than the first months interest, then after each payment, the loan amount will increase. In this case, the program must warn the borrower that the monthly payment is too low, and with this monthly payment, the loan amount could not be repaid.)Interest on a credit card’s unpaid balance is calculated using the average daily balance. Suppose that netBalanceis the balance shown in the bill, paymentis the payment made, d1is the number of days in the billing cycle, and d2is the number of days payment is made before the billing cycle. Then the average daily balance is: averageDailyBalance = (netBalance * d1 –payment * d2) / d1 if the interest rate per month is say, 0.0152, then the interest on the unpaid balanceis: interest = averageDailyBalance * 0.0152 Design a program that accepts as input netBalance, payment, d1, d2, and interest rate per month. The program outputs the interest charged. Format your output to two decimal places. C++Interest on a credit card’s unpaid balance is calculated using the average daily balance. Suppose that netBalance is the balance shown in the bill, payment is the payment made, d1 is the number of days in the billing cycle, and d2 is the number of days payment is made before billing cycle. Then, the average daily balance is: averageDailyBalance = (netBalance * d1 – payment * d2) / d1 If the interest rate per month is, say, 0.0152, then the interest on the unpaid balance is: interest = averageDailyBalance * 0.0152 Instructions Write a program that accepts as input netBalance, d1, payment, d2, and interest rate per month (interestRate). The program outputs the interest. Format your output to two decimal places. Input: 100 30 50 7 9.7 Output: 856.83 Test case 2: Input: 255.76 31 55 3 12.3 output: 3080.38
- Interest on a credit card’s unpaid balance is calculated using the averagedaily balance. Suppose that netBalance is the balance shown in the bill, payment is the payment made, d1 is the number of days in the billing cycle, and d2 is the number of days payment is made before billing cycle. Then, the average daily balance is:averageDailyBalance = (netBalance * d1 – payment * d2) / d1If the interest rate per month is, say, 0.0152, then the interest on the unpaid balance is:interest = averageDailyBalance * 0.0152Write a program that accepts as input netBalance, payment, d1, d2, and interest rate per month. The program outputs the interest. Format your output to two decimal places.Interest on a credit card’s unpaid balance is calculated using the average daily balance. Suppose that netBalance is the balance shown in the bill, payment is the payment made, d1 is the number of days in the billing cycle, and d2 is the number of days payment is made before billing cycle. Then, the average daily balance is: averageDailyBalance = (netBalance * d1 - payment * d2) / d1. The interest on the unpaid balance is: interest = averageDailyBalance * interestRate where interestRate is the interest rate per month. Write a program that accepts as input netBalance, payment, d1, d2, and interestRate. The program outputs the interest. Format your output to two decimal places. Analyze and design this program. Write the code, compile and run it. Upload your analysis and design document and your .cpp source code file here.The quadratic formula is used to solve a very specific type of equation, called aquadratic equation. These equations are usually written in the following form:ax2 + bx + c = 0The Quadratic Formula x = ( -b ± √( b^2 - 4ac ) ) / ( 2a ) Where a, b, and c are constants with a ≠ 0. (If a = 0, the equation is a linear equation.)The discriminant is the part of the formula in the square root. If the value of the discriminant is zero then the equation has a single real root. If the value of thediscriminant is positive then the equation has two real roots. If the value of thediscriminant is negative, then the equation has two complex roots.Write a program that finds the roots of the quadratic equation using the Quadratic Formula. Write a function named discriminant in the file, Disc.py, to calculate and return the discriminant of the formula. Let the main function call the discriminant function and then calculate the solution(s) of the equation. Do not calculate the solutions in the discriminant…
- Scenario As you surely know, due to some astronomical reasons, years may be leap or common. The former are 366 days long, while the latter are 365 days long. Since the introduction of the Gregorian calendar (in 1582), the following rule is used to determine the kind of year: if the year number isn't divisible by four, it's a common year, otherwise, if the year number isn't divisible by 100, it's a leap year. otherwise, if the year number isn't divisible by 400, it's a common year. otherwise, it's a leap year. none of the above year int(input("enter the year")) if (year%4 1-0) and (year%400 -0) or (year % 1000): print (year is common year") else: print(year, is leap year") year= int(input ("enter the year")) if (years !-0) or (year480 1-0) and (year % 1001-0): print(year is common year") else: print(year, "is leap year") D year= int(input("enter the year"))In Saudi Arabia, the Kudai Parking Area is a parking lot that is next to the Ajyad Police Station and close to the Power Plant. Kudai is a well-known parking space near Masjid al-Haram. After parking there, you can take a taxi to Masjid al-Haram for 10-15 Riyals for a 10-minute drive. The parking is usually heavily occupied, and the following formula is used to compute the parking lot uțilization: Percentage of Parking Lot Utilized - Number of lots occupied + Total number of lots Write a program that calculates the occupancy rate for each zone of a massive parking lot like Kudai. The program should start by asking for the number of zones in the parking lot. A loop should then iterate once for each zone. During each iteration, the loop should ask the user for the number of lots in the zone and the number of them that are occupied. After all the iterations, the program should display the number of lots the parking has, the number of them that are occupied, the number that is vacant, and…Question: 1A perfect number is an integer that is the sum of its positive proper divisors (all divisors except itself). For example, 6 is a perfect number. The divisors of 6 except itself are 1,2 and 3. The sum of the proper divisors of 6 is 6. Thus 6 is a perfect number. You have to take integers as input and continue taking input until the word “STOP” is given as input. After taking the inputs you have to classify the integers as Perfect and Imperfect and store it in a dictionary(Please see the output for better understanding).[Note: You CANNOT use any built in functions EXCEPT input(),range(),print()]Sample Input :61082528100496530STOPSample Output:(No need to follow the output format. Just print the resultant dictionary.){Perfect: [6,28,496],Imperfect: [10,8,25,100,530]}
- The great circle distance is the distance between two points on the surface of a sphere. Let (x1, y1) and (x2, y2) be the geographical latitude and longitude of two points. The great circle distance between the two points can be computed using the following formula: d = radius * arccos(sin(x 1) * sin(x 2) + cos(x 1) * cos(x 2) * cos(y1 - y2)) Write a program that prompts the user to enter the latitude and longitude of two points on the earth in degrees and displays its great circle distance. The average earth radius is 6,371.01 km. Note that you need to convert the degrees into radians using the math.radians function since the Python trigonometric functions use radians. The latitude and longitude degrees in the formula are for north and west. Use negative to indicate south and east degrees.Primary U.S. interstate highways are numbered 1-99. Odd numbers (like the 5 or 95) go north/south, and evens (like the 10 or 90) go east/west. Auxiliary highways are numbered 100-999, and service the primary highway indicated by the rightmost two digits. Thus, I-405 services I-5, and I-290 services I-90. Given a highway number, indicate whether it is a primary or auxiliary highway. If auxiliary, indicate what primary highway it serves. Also indicate if the (primary) highway runs north/south or east/west. Ex: If the input is: 90 the output is: I-90 is primary, going east/west. Ex: If the input is: 290 the output is: I-290 is auxiliary, serving I-90, going east/west. Ex: If the input is: 0 or any number not between 1 and 999, the output is: 0 is not a valid interstate highway number. This is the code I am using, but something is not functioning properly. import java.util.Scanner; public class LabProgram{public static void main(String[] args) {Scanner scnr = new Scanner(System.in);int…Primary U.S. interstate highways are numbered 1-99. Odd numbers (like the 5 or 95) go north/south, and evens (like the 10 or 90) go east/west. Auxiliary highways are numbered 100-999, and service the primary highway indicated by the rightmost two digits. Thus, I-405 services I-5, and I-290 services I-90. Given a highway number, indicate whether it is a primary or auxiliary highway. If auxiliary, indicate what primary highway it serves. Also indicate if the (primary) highway runs north/south or east/west. Ex: If the input is: 90 the output is: I-90 is primary, going east/west. Ex: If the input is: 290 the output is: I-290 is auxiliary, serving I-90, going east/west. Ex: If the input is: 0 the output is: 0 is not a valid interstate highway number. Ex: If the input is: 200 the output is: 200 is not a valid interstate highway number. highway_number = int(input()) ''' Type your code here. '''