Please draw a Flow chart 1.Pro Investment Sdn. Bhd. is running financial investment business. As aprogrammer at that company, you have been assigned to design and develop aPython program of Financial Investment System, which will assist customer ininvestment planning. You are required to draw a flowchart and develop a Pythonprogram based on the following conditions:• Calculate how much money customer will have when he/she invest a givenamount of money over a set number of years with a given interest rate.• Request as user input how much money to invest and the yearly interestrate. It should call a calculateEarnings function by using the two inputsas the parameters named initialMoney and interestRate. Both userinputs should be accepted by the program in decimal numbers format.The calculateEarnings function should display the amount of moneyowned by the customer after 1 year, 10 years, 20 years, and 30 years, witheach value on a new line.• The output should be precise to two decimal places.• Calculate the total amount of money using compound interest, calculatedyearly. The formula for this is as given below:total Money = initial amount * (1 + interest rate) number of yearsNOTE: 6% interest should be entered by user in percentage. But, must beentered as 0.06 for interest rate in the formula.• Calculate and display how many years does it take for the money to bedouble the original.The interface of the application is shown in FIGURE Q1. CAProgram Files (8OYMicrosoft Visual Studio\Shared Python37.4\python.exeWELCOME TO PRO INVESTMENTHow much money do you want to invest ? : RM 100what is the yearly interest rate (%) ? : 6INVESTMENTAfter 1 year: RM 106.00After 10 year : RM 2465.03After 20 year: RM 20617295.98After 30 year: RM 58509629510479.26It will take about : 5 years for your investment to double up!FIGURE Q1: Interface of the Financial Investment System

The given is a python programming program which is expected to calculate the final money amount…

Pro Investment Sdn. Bhd. is running financial investment business. programmer at that company, you have been assigned to design and dev Python program of Financial Investment System, which will assist custoi investment planning. You are required to draw a flowchart and develop a F program based on the following conditions: Calculate how much money customer will have when he/she invest a

Pro Investment Sdn. Bhd. is running financial investment business. programmer at that company, you have been assigned to design and dev Python program of Financial Investment System, which will assist custoi investment planning. You are required to draw a flowchart and develop a F program based on the following conditions: Calculate how much money customer will have when he/she invest a

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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Concept explainers

Concept of flowchart

A flow chart diagram is a collection of symbols that represents the steps involved in a process. It is a generic tool that can be adapted for various purposes. It is one of the most common process analysis tools. It is used for the graphical analysis of an algorithm. It helps to represent the flow of the process from the input to output. A flowchart that represents the workflow of activities is known as an activity diagram.There are so many ways that can help people to understand computer technologies and their applications. One of them is a flowchart diagram.

Question

Please draw a Flow chart

1.
Pro Investment Sdn. Bhd. is running financial investment business. As a
programmer at that company, you have been assigned to design and develop a
Python program of Financial Investment System, which will assist customer in
investment planning. You are required to draw a flowchart and develop a Python
program based on the following conditions:
• Calculate how much money customer will have when he/she invest a given
amount of money over a set number of years with a given interest rate.
• Request as user input how much money to invest and the yearly interest
rate. It should call a calculateEarnings function by using the two inputs
as the parameters named initialMoney and interestRate. Both user
inputs should be accepted by the program in decimal numbers format.
The calculateEarnings function should display the amount of money
owned by the customer after 1 year, 10 years, 20 years, and 30 years, with
each value on a new line.
• The output should be precise to two decimal places.
• Calculate the total amount of money using compound interest, calculated
yearly. The formula for this is as given below:
total Money = initial amount * (1 + interest rate) number of years
NOTE: 6% interest should be entered by user in percentage. But, must be
entered as 0.06 for interest rate in the formula.
• Calculate and display how many years does it take for the money to be
double the original.
The interface of the application is shown in FIGURE Q1.

CAProgram Files (8OYMicrosoft Visual Studio\Shared Python37.4\python.exe
WELCOME TO PRO INVESTMENT
How much money do you want to invest ? : RM 100
what is the yearly interest rate (%) ? : 6
INVESTMENT
After 1 year
: RM 106.00
After 10 year : RM 2465.03
After 20 year
: RM 20617295.98
After 30 year
: RM 58509629510479.26
It will take about : 5 years for your investment to double up!
FIGURE Q1: Interface of the Financial Investment System

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