COSC 1315 Python Computer Programming


A finance company provides loans for motorcycles at different rates depending on how much the total loan amount is and how many payments will be made on the loan. Using the information in the table below, write a program that will calculate the monthly payment based on user inputs of loan amount and number of monthly payments. The user will NOT input the percentage rate, as this will be determined by the program code based on user input of loan amount and number of payments. The output will display the loan amount, the number of payments, monthly payments and the interest rate of the loan. If the user enters data that is “out of bounds”” (loan amount/number of payments below or above minimum/maximum in the table)

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