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Otrada [13]
2 years ago
10

Suppose you have a certain amount of money in a savings account that earns compound monthly interest, and you want to calculate

the amount that you will have after a specific number of months. The formula is as follows:
f = p * (1 + i)^t

• f is the future value of the account after the specified time period.
• p is the present value of the account.
• i is the monthly interest rate.
• t is the number of months.

Write a program that takes the account's present value, monthly interest rate, and the number of months that the money will be left in the account as three inputs from the user. The program should pass these values to a function thatreturns the future value of the account, after the specified number of months. The program should print the account's future value.

Sample Run

Enter current bank balance:35.7↵
Enter interest rate:0↵
Enter the amount of time that passes:100↵ 35.7
Computers and Technology
2 answers:
svetoff [14.1K]2 years ago
5 0

Answer:

See code below and explanation.

Explanation:

We can use Python for this wih the program Spyder to create the following code:

# INPUTS

p = float(input("Enter current bank balance: "))

i = float(input("Enter interest rate in %: "))

t = int(input("Enter the amount of time that passes: "))

# OUTPUTS

f=p*(1+ (i/100))**t

print("The future values is:", f)

We assume that the interest rate given is in % and we divide by 100 in order to convert to fraction.

And the example result obtained is given below:

Enter current bank balance: 35.7

Enter interest rate in %: 0

Enter the amount of time that passes: 100

The future values is: 35.7

Alecsey [184]2 years ago
4 0

Answer:p=float(input("Enter current bank balance:"))

i=float(input("Enter interest rate:"))

t=float(input("Enter the amount of time that passes:"))

print((p ((1+i)*t)))

Explanation:if this answer it looks weird its my phones fault

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Answer:

B. The cost of tour t is at most twice the cost of the optimal tour.

Explanation:

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Answer:

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Write an expression that executes the loop body as long as the user enters a non-negative number. Note: If the submitted code ha
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Answer:

Following are the program in C++ language  

#include <iostream> // header file  

using namespace std; // namespace

int main() // main function

{

   int number=0; // variable declaration

   while(number>-1) // iterating the while loop

   {

       

       cout<<"body"<<endl; // dsiplay the statement

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   }

   cout<<endl<<"Done";// dsiplay the statement

   return 0;

}

Output:

body

5

body

45

body

-8

Done

Explanation:

Following are the description of the statement

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  • iterating the while loop. In this loop print the message "body" and Read the value by the user in the "number" variable. This loop will be executed repeatedly until the user do not read the negative value.
  • After the execution of the while loop, it prints the message "Done".
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Answer:

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Explanation:

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