The Loan Calculator can be used to calculate monthly EMI (equated monthly
installment) of the loan by taking the
total amount, months to repay and the rate of interest.
The approach is very simple, we will take 3 inputs from user i.e. amount (total loan
amount), rate (the rate of interest) and months (number o months to repay). Using these three,
we
can calculate the total amount. At last we will display the total amount.