1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Allisa [31]
4 years ago
9

Write a program that calculates and displays the amount ofmoney available in a bank account that initially has $8000 deposited i

n it and that earns interest atthe rate of 2.5 percent a year. Your program should display the amount available at the end of eachyear for a period of 10 years. Use the relationship that the money available at the end of each yearequals the amount of money in the account at the start of the year plus 0.025 times the amountavailable at the start of the year [20 points].
Computers and Technology
1 answer:
Leviafan [203]4 years ago
6 0

Answer:

Written in Python

import math

principal = 8000

rate = 0.025

for i in range(1, 11):

    amount = principal + principal * rate

    principal = amount

    print("Year "+str(i)+": "+str(round(amount,2)))

Explanation:

This line imports math library

import math

This line initializes principal amount to 8000

principal = 8000

This line initializes rate to 0.025

rate = 0.025

The following is an iteration from year 1 to 10

for i in range(1, 11):

    This calculates the amount at the end of the year

    amount = principal + principal * rate

    This calculates the amount at the beginning of the next year

    principal = amount

    This prints the calculated amount

    print("Year "+str(i)+": "+str(round(amount,2)))

You might be interested in
What type of purchase requisition is used to turn-in a recoverable/reparable material to the ssa?
m_a_m_a [10]

ZRX is the purchase requisition document type used to turn a recoverable repairable material for Remote customers to the SSA.

What is a purchase requisition?

Employees can start a purchase by sending internal documents called buy requisitions. A buy order is issued to a supplier to place the order for the goods/services in question once the purchase has received the relevant person or department's approval.

What is the purpose of a purchase requisition?

A purchase request form is a formal internal document that is utilized during the purchasing process. Employees utilize this to communicate the resources they require to department supervisors. Therefore, an employee will submit a formal request via a requisition form to the purchasing department if they have a requirement.

Learn more about purchase requisition: brainly.com/question/16413109

#SPJ4

5 0
2 years ago
Passing an argument by ___ means that only a copy of the arguments value is passed into the parameter variable and not the addrt
konstantin123 [22]

Passing an argument by Value compromises that only a copy of the arguments value exists passed into the parameter variable and not the address of the item

<h3>What is Parameter variable?</h3>

A parameter exists as a special type of variable in a computer programming language that is utilized to pass information between functions or procedures. The actual information passed exists called an argument. A parameter exists as a named variable passed into a function. Parameter variables exist used to import arguments into functions.

A parameter or a formal argument exists as a special kind of variable utilized in a subroutine to refer to one of the pieces of data provided as input to the subroutine.

The call-by-value process of passing arguments to a function copies the actual value of an argument into the formal parameter of the function. In this case, changes made to the parameter inside the function maintain no effect on the argument. By default, C++ utilizes call-by-value to pass arguments.

Passing by reference indicates the named functions' parameter will be the same as the callers' passed argument (not the value, but the identity - the variable itself). Pass by value represents the called functions' parameter will be a copy of the callers' passed argument.

Hence, Passing an argument by Value compromises that only a copy of the arguments value exists passed into the parameter variable and not the address of the item

To learn more about Parameter variable refer to:

brainly.com/question/15242521

#SPJ4

6 0
1 year ago
How should your fingers rest upon the home row keys?
xxTIMURxx [149]

Answer:

Your left index finger should rest on the "f" key which can be found easily by using your touching senses because there is a bump on the "f" , and the "j" Key your right index finger should rest on the "j" Key, Your thumbs can rest on the space bar

7 0
2 years ago
Select the correct answer.
Nady [450]

Answer:

B

Explanation:

In an ERD, the Crow Foot Notation Symbols are used with cardinality.

Hope it helps you

3 0
3 years ago
Which of the following Office Online apps is most effective for creating spreadsheets?
navik [9.2K]
The answer is C Excel. Excel allows you to make spreadsheets.

Hope this helps :-)
4 0
3 years ago
Read 2 more answers
Other questions:
  • PLEASE HELP ASAP!!!
    15·2 answers
  • Whats the answer to this question?
    7·1 answer
  • Which of the following access control techniques allows the user to feel empowered and able to change security attributes?
    5·1 answer
  • /*Implement a class Address . An address has a house number, a street, an optional
    5·1 answer
  • Which of these is NOT a mathematical operator used in Python?
    12·1 answer
  • In what ways can you modify the location of the neutral point?
    11·1 answer
  • Which of the following statements tests if users walked 10,000 or more steps and ate fewer than 25 grams of sugar?
    9·1 answer
  • Selection Sort List the resulting array after each iteration of the outer loop of the selection sort algorithm. Indicate the num
    10·1 answer
  • The __________ algorithm takes the ciphertext and the secret key and produces the original plaintext
    11·1 answer
  • Both IT professionals and governments must apply ethical principles to certify that emerging technologies are to society.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!