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

Discuss the concept of segmentation, Discuss the concept of segmentation? ...

Discuss the concept of segmentation? Segmentation is method for the non contiguous storage allocation. This is different from paging as this supports user's view of his program

What is clearquest, Rational ClearQuest is a change-request management tool...

Rational ClearQuest is a change-request management tool that tracks and handles defects and change requests all through the development process. With ClearQuest, you can manage eac

Prove, state and prove distributive law?

state and prove distributive law?

Backpropagation, Backpropagation: However Backpropagation can be seen ...

Backpropagation: However Backpropagation can be seen as utilising searching a space of network configurations as weights in order to find a configuration with the least error,

Major characteristics of a computer family, Q. Major characteristics of a c...

Q. Major characteristics of a computer family? Let us summarise the major characteristics of a computer family. These are as below: Figure: Characteristics of computer

Multiple instruction and multiple data stream (mimd), Multiple Instruction ...

Multiple Instruction and Multiple Data stream (MIMD): In this categorization, numerous processing elements and multiple control units are ordered as in MISD. However the differ

Explain token ring, Explain Token Ring. Token Ring: A token ring is ...

Explain Token Ring. Token Ring: A token ring is a collection of single point -to-point links, which arise from a circle. In a token ring a special bi t pattern, termed as th

Define clock rate, Define clock rate? The clock rate is given by, R=1/P...

Define clock rate? The clock rate is given by, R=1/P, where P is the length of single clock cycle.

Explain about the arithmetic shift, Explain about the Arithmetic Shift ...

Explain about the Arithmetic Shift An arithmetic shift micro operation shifts the signed binary number to left or right. The effect of the arithmetic shift left operation is

Compiling and running the pvm program, Now we will learn how to compile and...

Now we will learn how to compile and run PVM programs. To compile the program change to directory pvm/lib/archname where archname is architecture name of your computer. Then the su

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