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This question was created from ICTPRG504_Assessment Task 2.pdf


Task 1:
Formulating the Features for a Financial Calculator
1. Design a financial calculator that will be able to determine the monthly payments for a simple
fixed-rate home mortgage. Using the screenshot below create the calculator.
To determine the monthly payments required for a fixed rate mortgage, we need three inputs:
The amount of money being borrowed (the principal)
The loan's annual interest rate
The duration of the loan-typically 15 or 30 years (the loan's term)

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