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

Types of classification-classification of parallel computers, Types Of Clas...

Types Of Classification The following classification of parallel computers have been recognized: 1)      Categorization based on the data streams and instruction 2)

Explain the working of light pens, Explain the working of light pens Li...

Explain the working of light pens Light pens still exist, but due to several disadvantages they are not as popular as other input devices that have been developed. For example,

C++ programming, how does a ohms law c++ programming works

how does a ohms law c++ programming works

What is dots per inch, Q. What is Dots per Inch? DPI (Dots per Inch) is...

Q. What is Dots per Inch? DPI (Dots per Inch) is a measure for actual sharpness of onscreen image. This relies on both the resolution and size of the image. Practical experienc

What is a compiler, What is a compiler? A Compiler is a program that ac...

What is a compiler? A Compiler is a program that accepts a program written in a high level language and creates an object program.

Describe the external users of system, Q. Describe the External Users of sy...

Q. Describe the External Users of system? External Users: Modern information systems are now reaching beyond the boundaries of traditional business to involve customers and o

What is parallel computing, Parallel computing has been a topic of interes...

Parallel computing has been a topic of interest in computing society over the previous few decades. Ever-growing amount of databases and increasing complexity of new problems are

Production-centered virtual manufacturing, Production-Centered Virtual Manu...

Production-Centered Virtual Manufacturing It utilizes simulation ability to manufacturing process models along with the purpose of permitting inexpensive, fast evaluation of va

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

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