Write a program that reads the balance and annual percentage interest rate and displays the interest for the next month. Python
1 answer:
Answer:
Explanation:
The following code is written in Python. It asks the user to enter the current balance and the annual interest rate. It then calculates the monthly interest rate and uses that to detect the interest that will be earned for the next month. Finally, printing that to the screen. A test output can be seen in the attached picture below.
balance = int(input("Enter current Balance: "))
interest = int(input("Enter current annual interest %: "))
interest = (interest / 12) / 100
next_month_interest = balance * interest
print('$ ' + str(next_month_interest))
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