QUESTION 4 Costway provide a loan scheme to their staffs. The duration of payment (year of installment) is 2 years. The maximum loan is RM10,000. The program that can help the Account Department to...

C++ Programming

Extracted text: QUESTION 4 Costway provide a loan scheme to their staffs. The duration of payment (year of installment) is 2 years. The maximum loan is RM10,000. The program that can help the Account Department to calculate the monthly installment. The program should be able to receive inputs from the staff's name and the amount of loan (RM). Based on these inputs, the program should therefore be able to calculate the monthly installment. Display the staff's name, the amount of loan and the installment. The table for the interest calculation is provided as follows: Amount of Loan (RM) Interest (%) < 5,000="" 5,000="" 10,000="" 2.0="" 2.5="" the="" formulas="" for="" the="" monthly="" installment="" calculation="" are="" as="" follows:="" total="" of="" interest="Percent" of="" interest="" x="" amount="" of="" loan="" %3d="" total="" loan="" with="" interest="Amount" of="" loan="" +="" total="" of="" interest="" monthly="" installment="" installment="" x="" 12)="" total="" loan="" with="" interest="" (year="">