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 16-bit ROM array, Draw the logic diagram of 16-bit ROM Array and ex...

Draw the logic diagram of 16-bit ROM Array and explain its principle of operation. Ans: 16-bit ROM Array: A ROM that is read-only memory is an array of selectively closed

Basic definition of program, Q. Basic defination of program? A program ...

Q. Basic defination of program? A program generally consists of a set of instructions and data specifying the solution of a particular problem. Programs (and data) expressed in

How do you ensure that our records are scanned accurately, How do you ensur...

How do you ensure that our records are scanned accurately? Not only do we have a highly trained and capable staff, we also have quality controls in place to make sure your reco

Evaluate total expense of algorithm, Q. Evaluate Total expense of algorithm...

Q. Evaluate Total expense of algorithm? Lastly, the total expense of algorithm is a product of the total number of processors required for computation and time complexity of th

Stack operation and interrupts in microprocessor, Let us review the operati...

Let us review the operation of the stack within the 68HC11, the stack is a defined area of RAM which is last in first out register (LIFO) . Access to the stack is made via a stack

Coa, Whats the use of coa

Whats the use of coa

Pipeline processing-parallel computer architecture , Pipeline Processing ...

Pipeline Processing Pipelining is a process to realize, overlapped parallelism in the proposed answer of a problem, on a digital computer in an economical way. To understand th

What is relational database, What is relational database? Relational da...

What is relational database? Relational database has data that is perceived as tables. A relational DBMS manages tables of data and associated structures that enhances the func

Drawing sequential circuit on paper, design a sequential circuit that conti...

design a sequential circuit that continuously computes the function 2X + 3 or 3X + 1 where the variable X is a three-bit unsigned integer available on a serial interface. A special

Working of compact disk - computer architecture, Working of compact disk: ...

Working of compact disk: A CD is built from 1.2 mm thick, approximately all-pure polycarbonate plastic and its weighs is approximately 15-20 grams. From the core outward compo

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