#
#  Compute the payment amount and cost of borrowing for a car loan.
#

# Read the input from the user: The amount being borrowed, the interest rate,
# duration of the loan.
amount = float(input("Enter the loan amount: "))
rate = float(input("Enter the interest rate (5 for 5%): "))
years = int(input("Enter the loan duration in years: "))

# Convert the input values into the form expected for the payment formula.
num_payments = years * 12
rate = rate / 100 / 12

# Compute the payment amount.
payment = rate * amount / (1 - (1 + rate) ** -num_payments)

# Compute the cost of borrowing.
cost = payment * num_payments - amount

# Display the results.
print(f"The payment amount is ${payment:,.2f}")
print(f"The cost of borrowing is ${cost:,.2f}")