Looking for something else?

Not the answer you are looking for? Search for more explanations.

- anonymous

I'm working on the second problem in problem set 1. I understand what to do... but I'm confused. I can get it to calculate the correct monthly payment, but how do I find how many months it takes to pay off (and the balance afterward)?

At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga.
Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus.
Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

Get our expert's

answer on brainly

SEE EXPERT ANSWER

Get your **free** account and access **expert** answers to this

and **thousands** of other questions.

Get your **free** account and access **expert** answers to this and **thousands** of other questions

- anonymous

- schrodinger

See more answers at brainly.com

Get this expert

answer on brainly

SEE EXPERT ANSWER

Get your **free** account and access **expert** answers to this

and **thousands** of other questions

- anonymous

use a loop, each iteration of the loop represents a month, each month you add the interest then subtract the payment

- anonymous

Thank you so much!
For anyone having the same problem: I used two loops. The first loop was to find the minimum monthly payment by testing all 12 months and then adding to the payment if it wasn't enough.
Once I found the payment, I went on to the second loop, which is the one bwCA described.

Looking for something else?

Not the answer you are looking for? Search for more explanations.