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Current File : /home/lmking1/../meburton/../tasantos/cs207/hw4.cpp
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#include <iostream>
#include <iomanip>	// setprecision 

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 Rate:\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";
		

	return 0;
}

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