Create a program that will ask the user the principal amount, the number of years, and interest rate of the loan of the customer, and then the program will compute the interest amount to be paid by the customer and display the result on the screen.

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Program Listing

# loan.rb
# Written By Mr. Jake Rodriguez Pomperada,BSCS,MAED-IT
# Tools : Ruby 2.6.3 and Sublime Text Editor 
# May 13, 2019    Monday   9:58 PM
# Bacolod City, Negros Occidental
# Website       :
# Email Address :

puts "\n\n"
print "\tLoan Interest Solver";
puts "\n\n"
print "\tEnter Principal Amount PHP  : ";
principal = gets;
print "\tEnter No. of Years          : ";
time = gets;
print "\tEnter Percent Rate %        : ";
rate = gets;

principal = principal.to_f;
time = time.to_f;
rate = rate.to_f;

solve_interest = (principal * time * rate) / 100;

print "\n\n";
print "\n\n";
print "\tThe total interest is PHP %.2f for #{time} year(s)." % solve_interest;
puts "\n\n";
print "\tEnd of Program";
puts "\n";