Debt |0|
~~~~~~~~

Suppose you have borrowed $3000 with 2% monthly interest. For every
month you do not pay, your total debt becomes 1.02 times the original
debt.

Assuming that your plan is to return the money within 6 months and you
want to return it in equal amounts, write a program that outputs the
amount of money you have to pay every month until you clear your debt
(printing 2 digits after decimal point is sufficient).

.. raw:: html

   <button type="button" class="collapsible" onclick="toggle()">

Show the Answer

.. raw:: html

   </button>

.. raw:: html

   <div class="hiddenanswer">

.. |0| image:: ../../figures/indicated_difficulty_one.png
   :class: indicateddifficulty

.. code:: python

   total_money = 3000 * (1.02 ** 6)        # notice the power operator
   monthly_payment = total_money / 6
   print("{:.2f}".format(monthly_payment))     # 2 digits after decimal point

.. raw:: html

   </div>