Write a program that establishes two savings accounts

Reference no: EM13809639

Write a program that establishes two savings accounts with saver1 having account number 10002 with an initial balance of $2,000, and saver2 having account 10003 with an initial balance of $3,000. Set a common rate of interest at 5% per year. At the end of each month, update the balance by adding one month's interest to the balance, so that the balance compounds monthly. Print an output that displays the total balance for both accounts combined.

Reference no: EM13809639

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