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

Procedures, In Python, the fundamental abstraction of a computation is as a...

In Python, the fundamental abstraction of a computation is as a procedure (other  books call them "functions" instead; we will end  up  using  both  values).   A function that  tak

Variables, Variables We cannot  go very far without variables. A variabl...

Variables We cannot  go very far without variables. A variable is a value related to a name that we can bind  to have a particular value  and  then  later use in an expression.

Primitives, Primitives, Composition, Abstraction, and Patterns   We ...

Primitives, Composition, Abstraction, and Patterns   We will  start  by thinking about  how  the  PCAP  framework applies to computer programs, in general. We may do that by

Packages and Libraries, For this assignment, you need to create a program t...

For this assignment, you need to create a program that allows the user to do basic trigonometry functions. First, ask the user if he or she would like to do sine, cosine, or tangen

Algorithms, how to calculate area of a square in square metres

how to calculate area of a square in square metres

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

Python game assignment, I have python game project which is due by next Tue...

I have python game project which is due by next Tuesday. Do you think that I can get it on time if I order today?

Re.sub, how to use re.sub to seperate distint words and phrases when transl...

how to use re.sub to seperate distint words and phrases when translating text from English to Spanish or vis versa in python programming

Basics of python-introduction, Basics of python-introduction Python is...

Basics of python-introduction Python is designed for easy interaction between a user and the system. It goes with  an inter­ active function  known as  a shell or listener.  T

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