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

Components of flash, A piece of art can be looked at as having 3 main compo...

A piece of art can be looked at as having 3 main components, the subject, the composition and the content. Subject The subject of an artwork is, in simple terms, the object

Advantages and disadvantages of shared memory programming, Q. Show Advantag...

Q. Show Advantages and Disadvantages of Shared Memory Programming? Advantages of Shared Memory Programming Data sharing between processes is both rapid and uniform bec

Explain LRU page replacement algorithm, Explain LRU Page replacement algori...

Explain LRU Page replacement algorithm. LRU policy: It expands to least recently use. This policy proposes that we remove a page that last usage is farthest from present time

Determine the advantages of bcd adder, Determine the advantages of BCD Adde...

Determine the advantages of BCD Adder Now let us see the arithmetic addition of two decimal digits in the BCD, with a possible carry from previous stage. As each input digit do

What is the main function of a browser, The main function of a browser is t...

The main function of a browser is to? The important function is to interpret HTML of a browser.

Console application with a class, Make a console application with a class '...

Make a console application with a class 'Account' having variables as id(int) and name (String).Add property 'account-no' which can be set andget. Add a 'ReadOnly' property 'IntRat

Classification of pipeline processors, Classification of Pipeline Processor...

Classification of Pipeline Processors In this part, we explain various types of pipelining that can be useful in computer operations. These types depend on the following factor

Classify scheduler, Classify Scheduler. Scheduler is a kernel function ...

Classify Scheduler. Scheduler is a kernel function decide which method  be  thought to be implemented by the processor: the scheduler scans the list of processes in the ready s

State about dynamic modelling and its inputs, State about Dynamic modelling...

State about Dynamic modelling and its inputs Dynamic modelling is elaborated further by adding concept of time: new attributes are computed, as a function of the attribute chan

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