The No Interest Credit Company provides zero-interest loans to customers. (It makes a profi t by selling advertising space in its monthly statements and selling its customer lists.) Design an application that gets customer account data that includes an account number, customer name, and balance due. For each customer, display the account number and name; then

Question

print the customer’s projected balance each month for the next 10 months. Assume that there is no finance charge on this account, that the customer makes no new purchases, and that the customer pays off the balance with equal monthly payments, which are 10 percent of the original bill.

Answer 1

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