Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Using Python: Please write a program that calculates the balance of a saving account after a period of several years. The program should ask for

Using Python:image text in transcribed

Please write a program that calculates the balance of a saving account after a period of several years. The program should ask for the initial saving amount, the interest rate (as percent), and the saving periods (in years), and output the account balance for each year in the period. An example of the output is as below How much are you depositing to the saving account? 10000 How many years are you keeping the account? 5 What is the interest rate (%)? 2 After year 1, you have $10200.00 in your account After year 2, you have $10404.00 in your account After year 3, you have $10612.08 in your account After year 4, you have $10824.32 in your account After year 5, you have $11040.81 in your account

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

Step: 3

blur-text-image

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

Beginning VB.NET Databases

Authors: Thearon Willis

1st Edition

1594864217, 978-1594864216

More Books

Students also viewed these Databases questions

Question

2. What efforts are countries making to reverse the brain drain?

Answered: 1 week ago