Questions are indicated in the image Sample Output:[d] - Deposit[w] – Withdrawal[x] - ExitOption: dBeginning of Month Balance: 0.0Enter deposit amount.: 5000Balance after transaction.: 5000.0[d) - Deposit[w] – Withdrawal[x] - ExitOption: dBeginning of Month Balance: 5010.42Enter deposit amount.Balance after transaction. : 8010.42: 3000[d] - Deposit[w] – Withdrawal[x] - ExitOption: wBeginning of Month Balance: 8027.10Enter withdrawal amount. : 2000Balance after transaction. : 6027.10[d] – Deposit[w] – Withdrawal[x] - ExitOption: xBeginning of Month Balance: 6039.66Balance after transaction. : 6039.66Thank you for Banking with us... Let's Analyze: Laboratory Activity 4 mult and loop statementsPerformance Task: Develop a Python program for computing the month-by-monthbalance in your savings account. You can make one transaction-a deposit or a withdrawaleach month. Interest is added to the account at the beginning of each month. The monthlyinterest rate is the yearly percentage rate divided by 12. Use if and loop statements forthis activity.Use the following formula: yearlyRate=0.025balance = balance+(yearlyRate / 12) * balance

in python program i used a while loop one if and 2 elif statement

Let's Analyze: Laboratory Activity 4 mutt and loop statements Performance Task: Develop a Python program for computing the month-by-month balance in your savings account. You can make one transaction-a deposit or a withdrawal each month. Interest is added to the account at the beginning of each month. The monthly interest rate is the yearly percentage rate divided by 12. Use if and loop statements for this activity. Use the following formula: yearlyRate=0.025 balance = balance+(vearlyRate / 12) * balance

Let's Analyze: Laboratory Activity 4 mutt and loop statements Performance Task: Develop a Python program for computing the month-by-month balance in your savings account. You can make one transaction-a deposit or a withdrawal each month. Interest is added to the account at the beginning of each month. The monthly interest rate is the yearly percentage rate divided by 12. Use if and loop statements for this activity. Use the following formula: yearlyRate=0.025 balance = balance+(vearlyRate / 12) * balance

Database System Concepts

7th Edition

ISBN:9780078022159

Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan

Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan

Chapter1: Introduction

Section: Chapter Questions

Problem 1PE

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Question

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Questions are indicated in the image

Sample Output:
[d] - Deposit
[w] – Withdrawal
[x] - Exit
Option: d
Beginning of Month Balance: 0.0
Enter deposit amount.
: 5000
Balance after transaction.
: 5000.0
[d) - Deposit
[w] – Withdrawal
[x] - Exit
Option: d
Beginning of Month Balance: 5010.42
Enter deposit amount.
Balance after transaction. : 8010.42
: 3000
[d] - Deposit
[w] – Withdrawal
[x] - Exit
Option: w
Beginning of Month Balance: 8027.10
Enter withdrawal amount. : 2000
Balance after transaction. : 6027.10
[d] – Deposit
[w] – Withdrawal
[x] - Exit
Option: x
Beginning of Month Balance: 6039.66
Balance after transaction. : 6039.66
Thank you for Banking with us...

Let's Analyze: Laboratory Activity 4 mult and loop statements
Performance Task: Develop a Python program for computing the month-by-month
balance in your savings account. You can make one transaction-a deposit or a withdrawal
each month. Interest is added to the account at the beginning of each month. The monthly
interest rate is the yearly percentage rate divided by 12. Use if and loop statements for
this activity.
Use the following formula: yearlyRate=0.025
balance = balance+(yearlyRate / 12) * balance

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