Answer: Economic
Explanation: Economic impact can be explained as the effect of a certain action, policy or action on the economy of an organization, country measured in terms of business revenue, gain or profit, impact on manufactory or production cost, inflation, monetary value and so on.
In the scenario above, the economic effect or impact of implementing information technology is highlighted in terms of lower cost of market participation, shrinkage in size of firms due to external participation and so on.
Answer:
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Explanation:
Solution:
initial = float(eval(input('Enter the monthly saving amount: ')))
x = (1 + 0.00417)
month_one = initial * x
month_two = (initial + month_one) * x
month_three = (initial + month_two) * x
month_four = (initial + month_three) * x
month_five = (initial + month_four) * x
month_six = (initial + month_five) * x
print('The sixth month value is: '+str(month_six))
Don't forget the saving amount, and initialize the balance with that amount. Inside the loop, work out and add the interest and then add the saving amount for the next month.
balance = 801
for month in range(6):
balance = balance * (1.00417)
print(balance)
Silcates are minerals with silicon bonded with oxygen.
