Create monthly_payment

Author: AdriHilmie29

monthly_payment

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+# A bank is charging 6% interest per year for a loan. Monthly payments will be made for a certain period of time. Calculate the monthly payment amount a person needs to pay by
+asking the user to enter the loan amount and time period.
+
+
+
+interestRate = 1.06
+
+initialLoan = input('Enter initial loan: RM')
+initialLoan = int(initialLoan)
+timePeriod = input('Enter time period (in months):')
+timePeriod = int(timePeriod)
+print(' ')
+
+print('Interest rate: 6%')
+monthlyPayment = initialLoan*interestRate/timePeriod
+print('Monthly payment =', monthlyPayment)
+print(' ')
+
+input('Press ENTER to exit')