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Programming Assignment 1: A Simple Program Overview 1.41 Directions In this assignment you will begin to become famila with the Python programming language by writing

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Programming Assignment 1: A Simple Program Overview 1.41 Directions In this assignment you will begin to become famila with the Python programming language by writing a simple program,(MO1.2. Mo13, Download and install Python on your computer (refer to Appendix B. Write a program in Python that computes the interest accrued on an account You can modify the "futvalpy" program given in Chapter 2 to accomplish it. Your program should use a counted loop rather than a formula. It should prompt the user to enter the principal amount the yearly interest rate as a decimal num compounding periods in a year, and the duration. It should display the principal value at the end of the duration. To compute the value in 10 years for example, the program should loop 10 periods times and accrue rate /period interest on each iteration. If the principal is $1,000.00, yearly interest rate is 0.04 (4%), compounding periods in a year are 4, and the duration is 10 years, then the program should display $1488.86

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