Question

1. Create a script ScptCalXX (replace XX with your first or last name that does the following • It asks for your name with the following prompt: Please enter your name: • Then it asks for your city with the following prompt: Please enter the city where you live in: • Then it greets you with your name and city: Hello Syed from Toronto, how much money you want to invest today (-1 to quit)? (in case someone entered Syed and Toronto as name and city) • Next, it prompts you: What annual interest rate you were quoted by our investment representative today? • Next, it prompts you: For how many years you are investing this amount? • It then calculates the maturity amount of your investment and reports you with a proper message. You may use compound interest to calculate the future value on maturity. • Make sure to to continue to ask for input and display the output unless you decide to quit by entering a -1 in which case the application would terminate with a decent message. • Take appropriate steps to make your application run. • Run the application to demonstrate its functionality. • Provide screen shots at vital points.

Answer 1

Since you have not mentioned any language, I am writing it in Python.

PROGRAM:

# this while loop will continue until user enters -1
while True:
    # input() prompts the user to give input by printing the string provided as input() argument
    # asking for user name
    name = input("Please enter your name: ")
    # asking user for city
    city = input("Please enter the city where you live in: ")

    # printing greeting
    print("Hello", name, "from", city, "how much money you want to invest today (-1 to quit)?")

    # asking user for moey to invest
    money = int(input())

    # checking if user inputs -1
    if money == -1:
        # printing decent message before terminating
        print("Exiting the program!")
        # breaking the loop, this will end the program
        break

    # asking user for rate
    rate = float(input("What annual interest rate you were quoted by our investment representative today? "))

    # asking user to enter years
    years = int(input("For how many years you are investing this amount? "))

    # calculating maturity value using compound interest
    maturity_amount = money * (1 + rate/100) ** years

    # printing appropriate message
    print("Your Maturity value is: ", maturity_amount)

OUTPUT:

Please enter your name: Shivani
Please enter the city where you live in: Lucknow
Hello Shivani from Lucknow how much money you want to invest today (-1 to quit)?
5000
What annual interest rate you were quoted by our investment representative today? 5.3
For how many years you are investing this amount? 6
Your Maturity value is: 6816.167142761593
Please enter your name: Syed
Please enter the city where you live in: Toronto
Hello Syed from Toronto how much money you want to invest today (-1 to quit)?
1502
What annual interest rate you were quoted by our investment representative today? 4.1
For how many years you are investing this amount? 2
Your Maturity value is: 1627.6888619999997
Please enter your name: Your Name
Please enter the city where you live in: Your City
Hello Your Name from Your City how much money you want to invest today (-1 to quit)?
-1
Exiting the program!

SCREENSHOTS:

Hope this helps!