Engineering, 27.11.2019 21:31 iiwolfiexuni

Void showloanrepayment(double amount, double payment, double rate) this function loops to show the loan being repaid and keeps track of the number of months it takes to do so. before the loop, it initializes the balance to the loan amount and months to zero. within the loop, it calculates the interest portion of each monthly payment, the principal portion of the payment, and the new balance with formulas: interest = balance * rate; principal = payment - interest; balance = balance - principal; it continues to loop while the balance is greater than zero. after the loop, it prints the number of months it took to repay the loan. void println parameters(double amount, double payment, double rate) this function prints the current loan parameters in two formatted columns. it is called after any loan parameter is changed (amount, payment, or rate), and before any loan repayment output. before printing the parameters, change the precision to 4. after printing the parameters, change the precision back to 2.

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Void showloanrepayment(double amount, double payment, double rate) this function loops to show the l...