Write a function is_palindrome which takes a string as a parameter and returns True if the string is a palindrome (meaning it is the same forwards as backward) and False otherwise. Save your work in "studentid_palin.py" and upload it with the inputfile.txt. Your function must correctly identify palindromes that have spaces (such as 'able was i ere i saw elba'). Include multiple test cases, including one where the word isn't a palindrome, but the first and last letters are equal (such as "yummy") The input is read from a file, and the results should be output on the screen. Practice the above in this lab, as Assignment 3 is based on file 10. The output should be on the screen based on the result of your function. "example word/sentence under test" is a palindrome or is not a palindrome. Your input file should have the following format (each word tested on one line). Please add seven more words or sentences to the file below. listing of inputfile.txt yummy madam able was i ere i saw elba racecar Tit for Tat Mr owl ate my metal worm Murder for a jar of red rum Ma is selfless as I am Hints: len function, string.lower, string.ioin can be useful

Python Help Write (1) the pseudo code, (2) the code, of the following problems: An online bank wants you to create a program that shows prospective customers how their deposits will grow. Your program should read the initial balance and the annual interest rate. Print out the balance after the first three years.

more simpler version using Python?