Exercise 3 Here is the header for a function named def years_to_double(initial, rate): Parameter initial is the initial amount of money deposited in a bank account. Parameter rate is the annual rate of interest; for example, 5.0 means that the money in the account earns 5% interest per year. The interest is calculated annually and is added to the balance in the account. The function returns the number of years required to double the original investment. years_to_double: For example, if the function is called this way: years_to_double (10000, 5.0), the function returns 15, which is the number of years required for the initial balance ($10,000) to reach at least $20,000. Your function must have exactly one loop. Your function definition must have type annotations and a complete docstring. Use the Python shell to test years_to_double.

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Please complete the exercise as instructed and do not add global variables. Thank you

Exercise 3
Here is the header for a function named years_to_double:
def years_to_double(initial,
rate):
Parameter initial is the initial amount of money deposited in a bank account. Parameter rate
is the annual rate of interest; for example, 5.0 means that the money in the account earns 5%
interest per year. The interest is calculated annually and is added to the balance in the account.
The function returns the number of years required to double the original investment.
For example, if the function is called this way: years_to_double (10000, 5.0), the
function returns 15, which is the number of years required for the initial balance ($10,000) to
reach at least $20,000.
Your function must have exactly one loop.
Your function definition must have type annotations and a complete docstring. Use the Python
shell to test years_to_double.
Transcribed Image Text:Exercise 3 Here is the header for a function named years_to_double: def years_to_double(initial, rate): Parameter initial is the initial amount of money deposited in a bank account. Parameter rate is the annual rate of interest; for example, 5.0 means that the money in the account earns 5% interest per year. The interest is calculated annually and is added to the balance in the account. The function returns the number of years required to double the original investment. For example, if the function is called this way: years_to_double (10000, 5.0), the function returns 15, which is the number of years required for the initial balance ($10,000) to reach at least $20,000. Your function must have exactly one loop. Your function definition must have type annotations and a complete docstring. Use the Python shell to test years_to_double.
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