Auto adjust interest rate base on selected terms

by Akram kamal

HTML

<input class=" input sales_terms"/>
<input disabled id="sales_interestrate"/>

JavaScript

$(document).ready(function(){
    $(".input").keyup(function(){
      var val8 = +$(".sales_terms").val();
      var percent = 0.02;
      var exempt = 1;
      console.log(val8,percent,exempt)
      $("#sales_interestrate").val((val8*(percent+1)));
   });
});