help, Python Programming

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:- help

Indentation and line breaks, Every programming language has to have  some m...

Every programming language has to have  some method for indicating grouping of operations. Here is how you execute an if-then-else structure in Java:   if (s == 1){ s = s

Structured data, Structured data We will often  want  to work  with  l...

Structured data We will often  want  to work  with  large  groups of data.   Rather  than  providing  each  number its own  value,  we need  to manage the data  into natural s

List mutation and shared structure, List mutation and shared structure ...

List mutation and shared structure Lists are mutable data  structures, which defines  that  we can actually modifies  the values  stored in their components. We do this by usi

program that receives as input from the user, Write an algorithm for a pro...

Write an algorithm for a program that receives, as input from the user, 2 string variables and 2 integer variables; then joins together and displays the combined strings; and final

Lists, simple program using list

simple program using list

Python programing, Task (Anagrams) Write a function that checks whether two...

Task (Anagrams) Write a function that checks whether two words are anagrams. Two words are anagrams if they contain the same letters. Fore example, silent and listen are anagrams.

Question, Data array A has data series from 1,000,000 to 1 with step size 1...

Data array A has data series from 1,000,000 to 1 with step size 1, which is in perfect decreasing order. Data array B has data series from 1 to 1,000,000, which is in random order.

Simple expressions, Simple expressions A cornerstone of a programming ...

Simple expressions A cornerstone of a programming language is the  ability  to compute expressions.  We will start here  with  arithmetic expressions, just to take the  concep

Turtle graphics module in python programming language, Your assignment for ...

Your assignment for the semester will involve the development of a system for drawing trees using the Python programming language and the turtle graphics module (turtle.py). Comple

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