In this module you learned about making loops in C and how to combine them with the material from the first few modules to solve problems. For this assignment, you will write a program that calculates a rate increase for a gym membership. Consider the following scenario: A gym membership, which currently charges $600 per year for membership, has announced that it will increase its membership fee by 2 percent each year for the next three years. Write a program that uses a loop to display the projected rates for the next three years. Be sure to include comments throughout your code where appropriate.

Answer: this depends on the amount required to pay off the individual's card as well as how large the minimum payments are.if the amount is significantly large and the minimum payments are significantly small, then it will take a longer time to pay off the credit card.if the amount is significantly small and the minimum payments are significantly large, then it will take less time to pay off the credit card.hence, it would be difficult to answer true or false to this statment.however, for the purpose of this statement, it is most likely assumed that regardless of the amount to pay off the credit card the minimum payments would be quite large.therefore, the better option would be to pick 'true' as your answer.hope this ! : )have a lovely day! < 3