14/05/2017 Untitled

M.Sugandi
1407123427
TeknikkimiaS1(B)

personinvestsUSD1000inasavingaccountyielding5percentinterest.Assumingthatallinterestislefton
depositintheaccount.Calculateandprinttheamountofmoneyintheaccountattheendofeachyearfor10
years.Usethefollowingformulafordeterminingtheamounts:

a = p(1 + r)n
where

*pistheoriginalamountinvested(i.e.,theprincipal);
*ristheannualinterestrate;
*nisthenumberofyearsand;
*aistheamountondepositattheendofthenthyear;

In[8]:

definterest(principal,rate,times_per_year,years):
body=(1+rate)
exponent=years
returnprincipal*pow(body,exponent)

#Compute0.5%annualyinterestfor10years.
result=interest(1000,0.05,1,10)
#Result.
print(result)
print()

1628.89462678
()

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