Design an application for Bob's E-Z Loans. The application accepts a client's loan amount and monthly payment amount. Output the customer's loan balance each month until the loan is paid off.

Check the explanation

Explanation:

pseudo code:

Start

Declarations

LomMount as Double

MonthlyPay as Double

While-begin :condition,[ MontblyPay < LoanArnount] II( LoanAmount >0]

Begin

If monthlyPay < = LoanArnount

Display " MonthlyPay "

eIse

Display "LoanAmount"

End-if

LoanAmount = LoanAmount-MonthlyPay

End-while

Stop

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