Write a program that do the following unit conversion based on user menu selection in python: (use while loop until the user enter ‘99’ selection to Quit) 1. Calculate Interest Rate 2. Calculate Mortgage 99 QuitIf the user selects 1, then calculate interest rate. Create a python function that will continuously ask the user for inputs to calculate interest earned until the user enters a number 0 (zero) in principle. Once the user enters any number less than or equal to 0 in principle, the program will exit. The program should use while loop to ask the user for inputs. Assume the following variables:p is the initial principle balancer is the annual interest raten is the amount of times the interest compounds in a yeart is the number of yearsTo calculate balance the formula used should be:total = p*(1+float(r/100)/n)**(n*t)interest = total - pUse import to include this function in the main program.If user choice selection 2, then calculate mortgage. For this, you need to write another separate python program function that will calculate mortgage payment that will be imported in. You can modify the interest program with the following formulate:The formula to calculate mortgage payment should be:monthlyRate = (interestRate / 100) / 12 numPayments = loanTerm * 12 monthlyPayment = loanAmount * monthlyRate \ * pow((1 + monthlyRate), numPayments) \ / (pow((1 + monthlyRate),numPayments) - 1) totalPayment = monthlyPayment * (loanTerm * 12) interestPaid = totalPayment - loanAmountIf the user enters a number in the main menu that is not a valid menu selection, the program should ask the user to select one of the command numbers above.After finishing calculating something, the program should be able to calculate another set of numbers for the same task unless the user enters 0, where the program will then exit to the main menu.The program should look as it does in the images. Calculate Simple InterestCalculate Mortgage PaymentQuit the program299Select one of the command number above: 2Enter the loan amount, 0 to quit: 150000Enter the loan interest rate % : 2.85Enter the loan term (number of years): 30For the loan Amount of $150,000.00 for 30 years with interest rate of 2.85 %The monthly payment is $620.34Total amount paid for this loan is $223,320.99Total interest paid for this loan is $73,320.99Enter the loan amount, 0 to quit: 200000Enter the loan interest rate : 2.5Enter the loan term (number of years): 15For the loan Amount of $200,000.00 for 15 years with interest rate of 2.50 %The monthly payment is $1,333.58Total amount paid for this loan is $240,044.12Total interest paid for this loan is $40,044.12Enter the loan amount, 0 to quit:Enter the loan amount, 0 to quit: 0Existing Mortgage program12Calculate Simple InterestCalculate Mortgage PaymentQuit the program99Select one of the command number above: 99Have a nice day... Calculate simple InterestCalculate Mortgage PaymentQuit the program1299Select one of the command number above:Calculate simple InterestCalculate Mortgage PaymentQuit the program299Select one of the command number above: 10Error: command not recognizedSelect one of the command number above:Calculate simple Interest2 Calculate Mortgage PaymentQuit the program99select one of the command number above: 1Calculating Simple InterestEnter the starting principal, <= 0 to quit: 1000Enter the annual interest rate : 3.5How many times per year is the interest compounded? 365For how many years will the account earn interest? 1At the end of 1.0 years you will have$ 1,035.62 with interest earned $ 35.62Enter the starting principal, <= 0 to quit: 0Existing Simple Interest programCalculate Simple InterestCalculate Mortgage PaymentQuit the program1299Select one of the command number above:

Algorithm: Start Display menu to the user If choice is 1, print calculating simple interest Ask…

Write a program that do the following unit conversion based on user menu selection in python: (use while loop until the user enter ‘99’ selection to Quit) 1. Calculate Interest Rate 2. Calculate Mortgage 99 Quit If the user selects 1, then calculate interest rate. Create a python function that will continuously ask the user for inputs to calculate interest earned until the user enters a number 0 (zero) in principle. Once the user enters any number less than or equal to 0 in principle, the program will exit. The program should use while loop to ask the user for inputs. Assume the following variables: p is the initial principle balance r is the annual interest rate n is the amount of times the interest compounds in a year t is the number of years To calculate balance the formula used should be: total = p*(1+float(r/100)/n)**(nt) interest = total - p Use import to include this function in the main program. If user choice selection 2, then calculate mortgage. For this, you need to write another separate python program function that will calculate mortgage payment that will be imported in. You can modify the interest program with the following formulate: The formula to calculate mortgage payment should be: monthlyRate = (interestRate / 100) / 12 numPayments = loanTerm 12 monthlyPayment = loanAmount * monthlyRate \ * pow((1 + monthlyRate), numPayments) \ / (pow((1 + monthlyRate),numPayments) - 1) totalPayment = monthlyPayment * (loanTerm * 12) interestPaid = totalPayment - loanAmount If the user enters a number in the main menu that is not a valid menu selection, the program should ask the user to select one of the command numbers above. After finishing calculating something, the program should be able to calculate another set of numbers for the same task unless the user enters 0, where the program will then exit to the main menu. The program should look as it does in the images

Computer Networking: A Top-Down Approach (7th Edition)

7th Edition

ISBN:9780133594140

Author:James Kurose, Keith Ross

Publisher:James Kurose, Keith Ross

Chapter1: Computer Networks And The Internet

Section: Chapter Questions

Problem R1RQ: What is the difference between a host and an end system? List several different types of end...

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Question

Write a program that do the following unit conversion based on user menu selection in python: (use while loop until the user enter ‘99’ selection to Quit)
1. Calculate Interest Rate
2. Calculate Mortgage
99 Quit

If the user selects 1, then calculate interest rate. Create a python function that will continuously ask the user for inputs to calculate interest earned until the user enters a number 0 (zero) in principle. Once the user enters any number less than or equal to 0 in principle, the program will exit. The program should use while loop to ask the user for inputs.

Assume the following variables:

p is the initial principle balance
r is the annual interest rate
n is the amount of times the interest compounds in a year
t is the number of years

To calculate balance the formula used should be:

total = p*(1+float(r/100)/n)**(n*t)
interest = total - p

Use import to include this function in the main program.

If user choice selection 2, then calculate mortgage. For this, you need to write another separate python program function that will calculate mortgage payment that will be imported in. You can modify the interest program with the following formulate:

The formula to calculate mortgage payment should be:
monthlyRate = (interestRate / 100) / 12
numPayments = loanTerm * 12
monthlyPayment = loanAmount * monthlyRate \
* pow((1 + monthlyRate), numPayments) \
/ (pow((1 + monthlyRate),numPayments) - 1)
totalPayment = monthlyPayment * (loanTerm * 12)
interestPaid = totalPayment - loanAmount

If the user enters a number in the main menu that is not a valid menu selection, the program should ask the user to select one of the command numbers above.

After finishing calculating something, the program should be able to calculate another set of numbers for the same task unless the user enters 0, where the program will then exit to the main menu.

The program should look as it does in the images.