# Given values

P = 4000000 # Loan amount (LKR)

r = 0.14 # Monthly interest rate (14%)

n = 60 # Number of months

# Loan amortization formula to calculate monthly payment

M = P * (r * (1 + r)**n) / ((1 + r)**n - 1)

print(f"Monthly Payment: {M}")

asked by guest
on Mar 25, 2025 at 3:50 am



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