Answered step by step
Verified Expert Solution
Question
1 Approved Answer
# futval.py # A program to compute the value of an investment # carried 10 years into the future def main(): print This program calculates
# futval.py # A program to compute the value of an investment # carried 10 years into the future def main(): print "This program calculates the future value" print "of a 10 year investment." principal = input("Enter the initial principal: ") apr = input("Enter the annualized interest rate: ") for i in range(10): principal = principal * (1 + apr) print "The value in 10 years is:", principal main()
Write an improved python version of thefutval.py program. Your program will prompt for amount of investment, annualized interest rate, and number of years of investment. The program will then output a nicely formatted table that tracks the value of investment year by year (for 30 years), both to the screen, and to a csv file. For the csv file, start with $10,000 and an interest rate of 2%.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started