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

What is system software, What is system software? Give an example. It i...

What is system software? Give an example. It is a collection of program that are implemented as needed to perform functions such as I.  Receiving and interpreting user comma

What is strobe, What is Strobe. Asynchronous data are transfer among tw...

What is Strobe. Asynchronous data are transfer among two independent unit needs that control signals to be transmitted among the communicating units to indicate the time at whi

Representation in prolog - logic programs, Representation in Prolog - Logic...

Representation in Prolog - Logic Programs: If we justimpose some additional constraints on first-order logic, so than we get to a representation language knowing as logic prog

What is a subroutine, What is a subroutine? A subroutine is a named, in...

What is a subroutine? A subroutine is a named, independent section of C code that performs a particular task and optionally returns a value to the calling program.

How transmission bridges help in satisfying the connectivity, How do tra...

How do transmission bridges help in satisfying the connectivity? A usual transmission bridge is demonstrated in figure. The series capacitance and the shunt inductances of

How wap gateway works, How WAP Gateway works? An significant feature of...

How WAP Gateway works? An significant feature of WAP is the maintain of telephony service integrated with micro browsing of data. aveAccess WAP Gateway functionss as a

Design a bcd to seven segment decoder, Design a BCD to seven segment decode...

Design a BCD to seven segment decoder that accepts a decimal digit in BCS and generates the appropriate output for segments in display indicator. Ans: BCD-TO-seven-Segment

Define swapping, Define swapping.  A process needs to be in memory to b...

Define swapping.  A process needs to be in memory to be implemented. Though a process can be swapped temporarily out of memory to a backing store and then brought back into mem

Data warehouse, 1) Define a job scheduling strategy that will meet business...

1) Define a job scheduling strategy that will meet business requirement of reporting availability by 6am CST for the following cubes? Show the job scheduling dependencies in a pict

Explain 100 line exchange with selector finder, Explain 100 line exchange w...

Explain 100 line exchange with selector finder. Design: In place of 100 two-motion selectors as in the case of Design 3, suppose we consider only 24 two-motion selectors. Whe

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