Question

suppose you have an investment plan where you invest a certain fixed amount every year. Modify futval. py to compute the total accumulation of your investment. the input to the program will be the amount to invest each year, the interest rate, and the number of years for the investment.

Answer 1

the following python code gives you the required functionality

# your code goes here
amt = float(input('Enter your amount: '))
rate = float(input('Enter interest rate in percentage: '))
yr = int(input('Enter no. of years: '))
sum = 0.0
for i in range(0,yr):
   sum = sum + amt
   sum = sum + (sum*rate)/100
print('Sum after ' + str(yr) + ' years is: ' + str(sum))

Input:

3000
1
3

Output:

Sum after 3 years is: 9181.203

Link of the code:

http://ideone.com/0j2GR5

Hope it helps, do give your response