Hello. A newbie is a little (very) confused on problem set 1 question 1, "Credit Card Debt."
I watched lectures 1, 2 and the first recitation, and feel as if I understand them, so I may not know the necessary information.
I'm actually a little confused...on where to start. This is my godawful attempt at starting the problem:
x = float(raw_input('Enter current balance '))
y = float(raw_input('Enter annual interest rate '))
z = float(raw_input('Enter minimum monthly payment rate '))
for i in range(1,13):
t = x * z
p = (y/12.0) * x
r = t - p
b = x - r

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