re Investment Value = investment amount * (1 + monthly interest)^(number of years * 12) Using this formula, write a function in Python called futureValue that prompts the user to enter an investment amount, an annual percentage interest rate, and the amount of years. The function should accept the input as arguments. The interest rate should have a default value of 7%. You can add default values of your choice for the amount of years. This function should
re Investment Value = investment amount * (1 + monthly interest)^(number of years * 12) Using this formula, write a function in Python called futureValue that prompts the user to enter an investment amount, an annual percentage interest rate, and the amount of years. The function should accept the input as arguments. The interest rate should have a default value of 7%. You can add default values of your choice for the amount of years. This function should
C++ Programming: From Problem Analysis to Program Design
8th Edition
ISBN:9781337102087
Author:D. S. Malik
Publisher:D. S. Malik
Chapter7: User-defined Simple Data Types, Namespaces, And The String Type
Section: Chapter Questions
Problem 7PE
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Future Investment Value = investment amount * (1 + monthly interest)^(number of years * 12)
Using this formula, write a function in Python called futureValue that prompts the user to enter an investment amount, an annual percentage interest rate, and the amount of years. The function should accept the input as arguments. The interest rate should have a default value of 7%. You can add default values of your choice for the amount of years. This function should print out a table that displays the future values. Demonstrate this function in another function called main. Format your output by two decimal places.
Output Example:
Enter the amount you want to invest: 1000 [Enter]
Enter the interest rate for your investment: [Enter]
Enter the number of years you want to invest this money: 30 [Enter]
Years Future Value
1 1093.81
2 1196.41
........
30 14730.58
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