4. The following steps which will calculate the balance after 10 years when a random amount between $100 and $500 is deposited in a savings account at 5% interest compounded annually.

1) Create the variable balance and assign it to a random (non-integer) value between 100 and 500

2) Multiply the value of the variable balance by 1.05 raised to the 10th power

3) Display the value of balance (rounded to two decimal places)

Write a Python script that carries out these steps.