Question

Hello,
Working on Problem Set 1. I look at the solution set and understand it from that point of view. However I'm getting a syntax error at mr1 that is causing my irk.

#Outstanding balance on the credit card
outstanding= float(raw_input ('Enter the outstanding balance on the credit card'))

#interest rate on balance
intrate = float(raw_input ('Enter you interest rate:'))


#minimum monthly payment rate
minimum_rate= float (raw_input ('Please enter the minimum monthly payment rate as a decimal')

mr1 = float(minimum_rate)
os1 = float(outstanding)


minimum_monthly_payment = float (minimum_rate * outstanding)
interest_monthly=intrate/12
interest_paid=interest_monthly*outstanding
principal_paid=minimum_monthly_payment-interest_paid
remaining_balance= outstanding-principal_paid

Answer 1

please use a code pasting site
http://dpaste.com
http://pastebin.com
http://codepad.org
.....

Answer 2

You indicate that the line amountPaid = float(amountPaid+minPay*balance) will cause an error but that line does not occur in the code you posted.

I agree - please use a code pasting site to put up the whole code file, and please indicate by line number what line(s) are giving you troubles or confusions. If you are getting a specific error when you run the code in IDLE please post that too.

Answer 3

Although the error points to the mr1 line, the error actually occurs on the previous line--you are missing a closing parenthesis on the minimum_rate line.