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Computers and Technology, 19.07.2020 14:01 Victoriag2626
Financial application: calculate future investment value)
Write a program that reads in an investment amount, the annual interest rate, and the number of years, and then displays the future investment value using the following formula:
futureInvestmentAmount = investmentAmount * (1 + monthlyInterestRate) ^ numberOfMonths
For example, if you enter the amount 1000.56, an annual interest rate of 4.25%, and the number of years as 1, the future investment value is 1043.33. Here is a sample run:
Enter investment amount: 1000.56
Enter annual interest rate: 4.25
Enter number of years: 1
Accumulated value is 1043.92.
In Python.
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Answers: 2
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Financial application: calculate future investment value)
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