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Current File : //home/smfitchpatrick/hw4.cpp
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#include <iostream>
#include <iomanip>	// 

using namespace std;

int main()
{
	float bal, pmt, i;
	int k; 
		
	cout << fixed << showpoint << setprecision(2);

	pmt = 165.25;
	i = 0.09/12.0;




	// output ....
	cout << "Monthly payment:\t$" << pmt << "\n";
	cout << "Annual Interest:\t" << i*12*100 << "%\n"; 

	// computing for 1st payment
	k = 1;

	bal = pmt * (1 - pow(i, k));
	cout << "\nBalance after " << k << " payment(s) is: $" << bal << "\n";

	k = 2;
	bal = pmt * (1 - pow(i, k));
        cout << "Balance after " << k << " payment(s) is: $" << bal << "\n";

	k = 3;
	bal = pmt * (1 - pow(i, k));
        cout << "Balance after " << k << " payment(s) is: $" << bal << "\n";
	

	return 0;
}

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