function CalcPayment(rate, term, principal) {
	var dec_rate = rate / 100;
	var term_rate = dec_rate / 12;
	
	var numerator = term_rate;
	var new_term = -1 * term;
	var exponent_val = Math.pow((1 + term_rate), new_term);
	
	var denominator = 1 - exponent_val;
	
	return (numerator / denominator) * principal;
}

function ShowPayment() {
	var Payment = CalcPayment($('#rate').val(), $('#term').val(), $('#principal').val());
	$('#payment').val(Payment.toFixed(2));
}

