Create variables named i and n to store the interest rate rate and the number of monthly payments. These
values will remain constant throughout this problem.
2. Create a variable name start and set it equal to 100,000. Create another variable named increment and set
it equal to 10,000.
3. Use a loop to perform the tasks below for each of the house prices that we wish to consider. Note that since we
are using i to denote the interest rate, you will need to select a different name for the loop counter.
• Calculate the new loan amount to be considered, storing the result in a variable.
• Calculate the require monthly payment for this loan amount, rounded to 2 decimal places.
• Print the result in the format shown below. Match the format exactly, including the inclusion of the
period at the end of the sentence. There should be no spaces following the dollar signs.
I can not for the life of me figure this out. relooping with increments
values will remain constant throughout this problem.
2. Create a variable name start and set it equal to 100,000. Create another variable named increment and set
it equal to 10,000.
3. Use a loop to perform the tasks below for each of the house prices that we wish to consider. Note that since we
are using i to denote the interest rate, you will need to select a different name for the loop counter.
• Calculate the new loan amount to be considered, storing the result in a variable.
• Calculate the require monthly payment for this loan amount, rounded to 2 decimal places.
• Print the result in the format shown below. Match the format exactly, including the inclusion of the
period at the end of the sentence. There should be no spaces following the dollar signs.
I can not for the life of me figure this out. relooping with increments