Question

(**IN PYTHON**) In 2019, the tuition for a full time student is $7,180 per semester. The tuition will be going up for the next 7 years at a rate of 3.5% per year. Write your program using a loop that displays the projected semester tuition for the next 7 years. You may NOT hard code each years tuition into your program. Your program should calculate the tuition for each year given the starting tuition in 2019 ($7, 180) and the rate of increase (3.5%). You should then display the actual year (2020, 2021, through 2026) and the tuition amount per semester for that year.

REMEMBER to use comments to explain what your program is doing.

Some Example output might be:

2019: $7,180

2020: $<2020 tuition>

2021: $<2021 tuition>

** Please no decimal numbers for the output thanks**

Answer 1

#Code.py
#Initial fee
fee = 7180
#Initial year
year = 2019
#Looping for 7 times
for i in range(7):
    #Printing year and the fee in that year
    print(str(year)+": $"+str(fee))
    #Updating fee by increasing by rate of (3.5%).
    fee = int(fee*(103.5/100))
    #Updating the year by 1
    year += 1

2019: $7180
2020: $7431
2021: $7691
2022: $7960
2023: $8238
2024: $8526
2025: $8824