10 000 Invested Annual Rate R Compounded N Times Per Year Amount Investment Five Years Po Q37043674

if $10,000 is invested at an annual rate r compounded n timesper year, then the amount of the investment after five years willbe

eq2.png.

  

Some possible values for r are 0.02,0.025, 0.03, 0.035,and 0.04.

Some possible values for n are 1, 2,4, 12, and 52.

Write a python program that allows the user to select interestrates and compounding periods from the list boxes and calculate theamount after five years.

Possible output shown below.

  

prg2.PNG


Answer


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