Answer:
# main function is defined
# the calculateAmount is called here
def main():
print("The new amount is: ", calculateAmount(), sep="")
# calculateAmount function that calculate the interest
def calculateAmount():
# the value of principal is p
p = 5000
# the value of rate is r
r= 2
# the time is t
t = 1
# the formula for finding interest
interest = (p * r * t) / 100
# the new amount is calculated
amount = p + interest
# the amount is returned
return amount
# a call that make main function begin execution
if __name__ == "__main__":
main()
Explanation:
The program is written in Python and it is well commented. A screenshot is attached showing program output
