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Problem 2: Write a compound interest calculator. The compound interest formula is: A = P(1+) Where: P principal amount (the initial amount you borrow
Problem 2: Write a compound interest calculator. The compound interest formula is: A = P(1+) Where: P principal amount (the initial amount you borrow or deposit) rannual rate of interest (as a decimal) number of years the amount is deposited or borrowed for. amount of money accumulated after n years, including interest. number of times the interest is compounded per year Here is a link to a site that explains how compound interest is calculated: http://ncalculators.com/interest/compound-interest-calculator.htm Specifications: The compound interest calculator should look similar to the one shown below. The total amount and the interest amount appear in response to clicking on the "calculate" button. Compound Interest Calculator Principal amount P Interest rate.r Total period t Compound period n CALCULATE H Total Amount A Interest Amount
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Answer Heres an example of a compound interest calculator in Python python def compoundinterestp...Get Instant Access to Expert-Tailored Solutions
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