Assume you and your employer each contribute HD $500$ to your Mandatory Provident Fund

$($MPF$)$ at the end of every month $($HKD $1,000$ in total$).$ Suppose the beginning account balance is zero, and the return is compounded monthly. Write a Python program to calculate the future value of the MPF$.$

$1)$ Let the user set a target monthly rate of return and the number of months.

$2)$ Round the answer to the nearest dollar.

The output should resemble the following.

Enter a target MONTHLY rate of return $($without the $\%$ sign$)$: $0\mathrm{.}05$

Enter the number of months$5$

With a monthly contribution of $$1000,$ your MPF will worth $$5526$ after $5$ months.

Follow the same submission requirement $($py file and screenshot$)$ as before.

Hint: You may apply the formula below or use loops.

An ordinary annuity is a series of future cash flows paid out evenly at the end of every period $($e$.$g$.,$ monthly, annually$).$ Let the month$-$end contribution amount be c$,$ the monthly rate be r$.$

Assume the return is compounded monthly. Using the summation of geometric progressions', the total value in n months is

FV$=$c$+$c$(1+7)+041+4)24.+061+7)1-1=6\mathrm{.}1-(1+7)9=$ c$.(1+$r$)"-1$