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Computer Networking: A Top-Down Approach (7th Edition)
7th Edition
ISBN:9780133594140
Author:James Kurose, Keith Ross
Publisher:James Kurose, Keith Ross
Chapter1: Computer Networks And The Internet
Section: Chapter Questions
Problem R1RQ: What is the difference between a host and an end system? List several different types of end...
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We want to code an example of compound interest. Prompt the user to input a starting balance and an interest rate.

Compute the balance after 10 cycles using two methods. One, by computing the balance at each step. Two, by using the formula for compound interest

Let A be the starting balance. Let r be the interest rate. After one cycle the new balance is  A_new= A + A*r or A*(1  + r) . The process repeats for the number of desired cycles. You should calculate the result by explicitly coding the balance for each of the ten cycles

using simple python code

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