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Current File : /home/mjsmith/hw4.cpp
//
//
//
//

#include <iostream>
#include <iomanip>	// setprecision

using namespace std;

int main()
{	
	float bal, pmt, i;
	int k;
	
	pmt = 165.25;
	i = 0.09/12.0;
	
	cout << fixed << showpoint << setprecision(2);
	// output ...
	cout << "Monthly Payment:\t$" << pmt << "\n";
	cout << "Annual interest rate:\t" << i*12*100 << "%\n";

	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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