Python Programming Practice: A = P(1 + r/n)**rt ( **rt means raised to that power) Write a program that makes the calculations by asking for the following input: amount of money originally deposited into the account annual interest rate paid number of times per year the interest is compounded (monthly = 12, quarterly = 4) the number of years the account will earn interest The program should display the following: -original deposit - annual interest rate - amount of money at end of period rounded to 2 decimal places
Max Function
Statistical function is of many categories. One of them is a MAX function. The MAX function returns the largest value from the list of arguments passed to it. MAX function always ignores the empty cells when performing the calculation.
Power Function
A power function is a type of single-term function. Its definition states that it is a variable containing a base value raised to a constant value acting as an exponent. This variable may also have a coefficient. For instance, the area of a circle can be given as:
Python
A = P(1 + r/n)**rt ( **rt means raised to that power)
Write a program that makes the calculations by asking for the following input:
- amount of money originally deposited into the account
- annual interest rate paid
- number of times per year the interest is compounded (monthly = 12, quarterly = 4)
- the number of years the account will earn interest
The program should display the following:
-original deposit
- annual interest rate
- amount of money at end of period rounded to 2 decimal places
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