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

Which one logic gate can generate any logic function, A universal logic gat...

A universal logic gate is one, which can be used to generate any logic function.  Which one is a universal logic gate? Ans. NAND gate is a universal logic gate; it can generate

What is orbix?, Orbix is a CORBA ORB (Object Resource Broker) - a commercia...

Orbix is a CORBA ORB (Object Resource Broker) - a commercial software product which helps programmers builds distributed applications. Orbix is an execution of the OMG's (Object Ma

Explain the term confidentiality - firewall design policy, Explain the term...

Explain the term Confidentiality - Firewall Design Policy Whilst some corporate data is for public consumption, the vast majority of it should remain private.

Explain vector-memory instructions, Vector-Memory Instructions When vec...

Vector-Memory Instructions When vector operations with memory M are carried out then these are vector-memory instructions. These instructions are referred with the subsequent f

What is hypercube network, Q. What is Hypercube Network? The hypercube ...

Q. What is Hypercube Network? The hypercube architecture has played a significant role in development of parallel processing and is quite influential and popular. The highly sy

Difference between absolute and relative path, What is the difference betwe...

What is the difference between absolute and relative path name of a file? Absolute path name: This is listing of the directories and files from the root directory to the i

Difference between external and global variables, Global variables are acce...

Global variables are accessible only to the batch program while external variables can be referenced from any batch program residing in the similar system library.

Select-options and parameters statement , The fields specified by select-op...

The fields specified by select-options and parameters statement cannot be grouped together in the selection screen. No, the fields specified by select-options and parameters s

Translate assembly language program to machine , A useful exercise in under...

A useful exercise in understanding assembly language and its relation to machine language is to take a short assembly language program and translate it to machine language by hand.

Which processing is not a part of synthesis phase, Which processing is no...

Which processing is not a part of Synthesis phase? Ans. Perform LC processing is not a part of Synthesis phase.

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