Python Programming Practice: A = P(1 + r/n)**rt  ( **rt means raised to that power) Write a program that makes the calculations by asking for the following input: amount of money originally deposited into the account annual interest rate paid number of times per year the interest is compounded (monthly = 12, quarterly = 4) the number of years the account will earn interest The program should display the following: -original deposit - annual interest rate - amount of money at end of period rounded to 2 decimal places

C++ Programming: From Problem Analysis to Program Design
8th Edition
ISBN:9781337102087
Author:D. S. Malik
Publisher:D. S. Malik
Chapter5: Control Structures Ii (repetition)
Section: Chapter Questions
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Python Programming Practice:

A = P(1 + r/n)**rt  ( **rt means raised to that power)

Write a program that makes the calculations by asking for the following input:

  • amount of money originally deposited into the account
  • annual interest rate paid
  • number of times per year the interest is compounded (monthly = 12, quarterly = 4)
  • the number of years the account will earn interest

The program should display the following:

-original deposit

- annual interest rate

- amount of money at end of period rounded to 2 decimal places

 

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