Machine Problem
Write a program that will compute the loan of a customer from a lending company.
Principal Amount Loaned : PHP 10,500
Number of Years To Pay : 3 Years
Interest Rate Per Year : 10%
The program will compute the interest amount to be paid by the customer and display the result on the screen.
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Program Listing
/* loan_interest.ts
Jake Rodriguez Pomperada, MAED-IT, MIT
www.jakerpomperada.com and www.jakerpomperada.blogspot.com
jakerpomperada@gmail.com
July 13, 2022 2:40 PM Wednesday
Bacolod City, Negros Occidental
*/
let principal_amount = 10500;
let years_loan = 3;
let interest_rate = 10;
// Computing for interest
let solve_interest = (principal_amount * years_loan * interest_rate) / 100;
let two_decimal = solve_interest.toFixed(2);
console.log();
console.log("Loan Interest Solver in TypeScript\n");
console.log("The interest to be paid is PHP " + two_decimal + ".\n");
console.log("End of Program\n");
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