Problem:
Question: Print a simple loan payment table for 12 months showing two columns: the month number and the remaining balance at the end of the month after payment. The initial loan will be $1000 and the payment will be $50 per month. The user will be prompted for the annual interest rate.
Print a more detailed payment table. Prompt for the initial loan balance, the monthly payment, the interest rate, and the number of months shown. The table will have 4 columns, for the month, the balance at the end of the month before payment, the monthly payment (which will always be the same), and the remaining balance after the payment.
Please describe how to print a simple loan payment table for 12 months.