Write a program that shows the growth of money that occurs in a savings account. Your program should read in the initial balance, should use 6.0 percent as the annual interest rate. Interest is compounded monthly. Your program should print out the balance for the first three months. For example: Initial balance: 1000 After first month: 1005.0 After second month: 1010.025 After third month: 1015.075125

Write a program that shows the growth of money that occurs in a savings account. Your program should read in the initial balance, should use 6.0 percent as the annual interest rate. Interest is compounded monthly. Your program should print out the balance for the first three months. For example: Initial balance: 1000 After first month: 1005.0 After second month: 1010.025 After third month: 1015.075125

Database System Concepts

7th Edition

ISBN:9780078022159

Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan

Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan

Chapter1: Introduction

Section: Chapter Questions

Problem 1PE

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