Write a python program 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 Program should look like the example given
Write a python program 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 Program should look like the example given
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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Write a python program 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
Program should look like the example given.

Transcribed Image Text:Enter the starting principal, 0 to quit: 12000
Enter the annual interest rate : 1.95
How many times per year is the interest compounded? 365
For how many years will the account earn interest? 2
At the end of 2.0 years you will have $ 12,477.23 with interest earned $ 477.23
Enter the starting principal, 0 to quit: 3000
Enter the annual interest rate : 1.89
How many times per year is the interest compounded? 1
For how many years will the account earn interest? 1
At the end of£ 1.0 years you will have $ 3,056.70 with interest earned $ 56.70
Enter the starting principal, 0 to quit: 0
Program existing ....
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