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

Explain 32 to 1 multiplexer tree, Why is Multiplexer Tree needed? Draw ...

Why is Multiplexer Tree needed? Draw the block diagram of a 32:1 Multiplexer Tree and explain how input is directed to the output in this system. Ans. One of the possible

What is compound statement, What is compound statement If we wish to ha...

What is compound statement If we wish to have more than one statement following the if or the else, they should be grouped together between curly brackets. Such a grouping is c

Draw and elucidate the block diagram 8259, Draw and elucidate the block dia...

Draw and elucidate the block diagram of programmable interrupt controller 8259. The 8259A adds 8 vectored priority encoded interrupts to microprocessor. It can be expanded to 6

the monte carlo simulation technique, The demand placed on a system is exp...

The demand placed on a system is explained by a lognormally distributed random variable with mean 50 and standard deviation of 10. The capacity of the system is modeled by a Weibul

Illustrate abstract class, What is an abstract class? Please, expand by exa...

What is an abstract class? Please, expand by examples of using both. Explain why?   Abstract classes are closely related to interfaces. They are classes that cannot be instanti

Programming , Adavantages and disadvantages of compilers and interpreters

Adavantages and disadvantages of compilers and interpreters

What is radium utilized for, Q. What is radium utilized for? Answer:- ...

Q. What is radium utilized for? Answer:- Radium was previously used in self-luminous paints for nuclear panels, watches, clocks, aircraft switches and instrument dials. In

What is the purpose of iop, What is the purpose of IOP. The purpose of ...

What is the purpose of IOP. The purpose of IOP is to given an independent path way for transfer of information among external and internal memory.

Array to be sorted is partitioned again and again, The sorting method where...

The sorting method where array to be sorted is partitioned again and again in such a way that all elements less than or equivalent to partitioning element appear before it and thos

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