python, Computer Engineering

Assignment Help:


When investing money, an important concept to know is compound interest. The equation FV = PV (1+rate)periods . This relates the following four quantities.

The present value (PV) of your money is how much money you have now.
The future value (FV) of your money is how much money you will have in the future.
The interest rate per period (rate) is how much interest you earn as a percentage. The period is length of time between interest payments.
The number of periods (periods) is how many periods in the future this calculation is for.

Finish the following code, run it, and submit the printed number. Provide at least four digits of precision after the decimal point.

def future_value(present_value, annual_rate, periods_per_year, years):
rate_per_period = annual_rate / periods_per_year
periods = periods_per_year * years

# Put your code here.

print "$1000 at 2% compounded daily for 3 years yields $", future_value(1000, .02, 365, 3)

Related Discussions:- python

Connectivity options accessible to internet subscribers, What are the diffe...

What are the different connectivity options accessible to Internet Subscribers? Explain in detail. Internet Connectivity Options: Internet access is perhaps one of the ma

Programming with parallel virtual machine, Q. Programming with parallel vir...

Q. Programming with parallel virtual machine? The general method for writing a program with PVM is like this:  A user writes one or more sequential programs in C++, C or FOR

Defining data definition, Defining Types of Data ? The subsequent forma...

Defining Types of Data ? The subsequent format is used for defining data definition:  Format for data definition:  {Name}  Name -   a program references the data

Give brief summary of common aspects found in spreadsheets, Give brief summ...

Give brief summary of common aspects found in spreadsheets -  It's made up of columns and rows; every row is identified by a number and every column is identified with a letter

Illustrate control and timing signals, Q. Illustrate control and timing sig...

Q. Illustrate control and timing signals? The requirement of I/O from different I/O devices by processor is quite unpredictable. In fact it relies on I/O needs of particular pr

Invoke on the dataadapter control, Which method do you invoke on the DataAd...

Which method do you invoke on the DataAdapter control to load  your generated dataset with data? DataAdapter.Fill(ds). The beauty of this method is it automatically implicitly

Explain an intermediate language, Assemblies are made up of IL code modules...

Assemblies are made up of IL code modules and the metadata that explains them. Although programs may be compiled by an IDE or the command line, in fact, they are easily translated

Serialized when you perform serialization, What exactly is being serialized...

What exactly is being serialized when you perform serialization? Serialization is the process of changing an object into stream of bytes. We perform it at the time of transpor

What is called that switch if switch capacity is full, When a switch capaci...

When a switch capacity is full, calls coming into that switch are said to be                 . (A)  open                                            (B)  shorted (C) bloc

State the term availability - organisational security scheme, State the ter...

State the term Availability - organisational security scheme What data needs to be available continually, compared to data which can be "off line" for limited periods. Th

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd