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suchov/pay in 12 months

Created June 22, 2017 19:30
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pay in 12 months
monthlyPayment = 0
monthlyInterestRate = annualInterestRate /12
newbalance = balance
month = 0
while newbalance > 0:
monthlyPayment += 10
newbalance = balance
for month in range(1,13):
newbalance -= monthlyPayment
newbalance += monthlyInterestRate * newbalance
month += 1
print("Lowest Payment: " + str(monthlyPayment))
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