Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

i need this using python please !!! Assume that you have graduated and have been employed by a Robotics company in Istanbul, developing Machine Learning

i need this using python please !!! image text in transcribed
Assume that you have graduated and have been employed by a Robotics company in Istanbul, developing Machine Learning algorithms in Python. You decide that you want to start saving to buy a house. As housing prices are very high around stanbul, you realize that you are going to have to save for several years before you will afford to make the down payment on a house. You are asked to write a Python program that will determine how long it will take you to save enough money to make the down-payment, using the following variables: a. The cost of your dream home: total_cost. b. The percentage of the total_cost needed for a down payment: dpay_percent. c. The amount that you have saved thus far: current_savings. d. Assume that your savings are deposited in a Bank and is earning interest, where the annual percentage rate (APR) is: apr. Note that your savings are compounded monthly and therefore you receive an additional amount of apr/12 of the amount deposited, at the end of each month. e. Assume that your monthly net salary is: monthly_salary. f. Assume that you are going to deposit a certain percentage of your monthly salary to your current_savings at the Bank: percent_saved. g. Your monthly_salary will be raised by a certain percentage semi-annually: percent_raise. h. Due to inflation, the total_cost of the house will increase by a certain percentage annually: cpi. Write a Python program that will ask the user the above variables, and then calculates and informs the user the number of months it will take him/her to save enough to make the down- payment for that particular house

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Databases Illuminated

Authors: Catherine Ricardo

2nd Edition

1449606008, 978-1449606008

More Books

Students also viewed these Databases questions