Question

Describe the necessary user inputs from the program using the following table format. Choose the appropriate data type to store each user input and explain your choice.

Input	data type chosen and why

Note that you are expected to take into consideration the value(s) of each transaction category. For example, your program should assess the transaction amount of each bill paid by the user before classifying it under the bill payment category.

Below is the python program:

from math import *
#INPUT
#in case they put invalid input
while True:
try:
bonus_saver_daily_balance = float(input("Please enter your estimated average daily balance: S$"))
break;
except ValueError:
print("Invalid input. Please key in numeric value")
continue

print("1. Less than S$500")
print("2. $500 to $1999")
print("3. $2000 or more")
while True:
try:
selection = int(input("Please enter option: "))
break;
except ValueError:
selection >= 3
print("Invalid option enter. Please enter 1, 2 or 3")
continue

while True:
try:
salary_credit = input("Do you credit a minimum of S$3000 net monthly income to the account(Yes or No): ")
if salary_credit.lower() == "yes" or salary_credit.lower() == "no":
break;
else:
print("Invalid input. Please key in Yes or No.")
except:
continue

while True:
try:
investment = input("Do you invest on eligible unit trust with a minimum subscription sum of S$30000 from the bank(Yes or No):")
if investment.lower() == "yes" or investment.lower() == "no":
break;
else:
print("Invalid input. Please key in Yes or No.")
except:
continue

while True:
try:
insurance = input("Do you purchase a minimum S$12000 Prudential life insurance premium from the bank (Yes or No)")
if insurance.lower() == "yes" or insurance.lower() == "no":
break;
else:
print("Invalid input. Please key in Yes or No.")
except:
continue

while True:
try:
billing_method = input("Do you use your GIRO or online banking platform to make at least 3 bill payment with at least S$50 each? (Yes or No)")
if billing_method.lower() == "yes" or billing_method.lower() == "no":
break;
else:
print("Invalid input. Please key in Yes or No.")
except:
continue

#PROCESS
#If monthly spend S$2000 or more, earn 0.80% annual interest.
#elif spend less than S$2000 but more than or equal to $500 to earn 0.30%
#else less than S$500 = 0% per annum
print("\n ")
print("Below are your results from your input:\n ")

print("Estimated daily balance S${:.2f}".format(bonus_saver_daily_balance))

if selection >= 1 and selection <=3:
if selection == 1:
interest_spending = 0
print("Interest earn: 0.00%. (You did not meet minimum spending requirement)")
elif selection == 2:
interest_spending = 0.3
print("Bonus interest earn from spending: 0.30% p.a.")

else:
interest_spending = 0.8
print("Bonus interest earn from spending: 0.80% p.a.")
else:
print("You have enter an INVALID OPTION in spending category which causes an ERROR. Please try again.")

#If credit a minimum of S$3,000 net monthly income into account to earn additional 0.40% p.a. bonus interest

if salary_credit.lower() == 'yes':
interest_salary = 0.4
print("Additional bonus interest earn from crediting net monthly income: 0.40% p.a.")
else:
interest_salary = 0
print("Interest earn: 0.00%. (You did not meet minimum monthly net income credit requirement)")

#Invest through the bank on Eligible Unit Trust with a minimum subscription sum of $30000 to earn additional 0.85% p.a. bonus interest

if investment.lower() == 'yes':
interest_investment = 0.85
print("Additional bonus interest earn from subscription of Eligible Unit Trust: 0.85% p.a.")
else:
interest_investment = 0
print("Interest earn: 0.00%. (You did not meet minimum subscription sum on Eligible Unit Trust)")

#Purchase of Eligible Insurance Policy distributed by the bank and underwritten from Prudenital with a minimum annual premium of $12000 to earn additional 0.85% p.a. bonus interest

if insurance.lower() == 'yes':
interest_insurance = 0.85
print("Additional bonus interest earn from purchasing of insurance: 0.85% p.a.")
else:
interest_insurance = 0
print("Interest earn: 0.00%. (You did not meet the eligible requirement)")

#Earn 0.10% p.a. bonus interest when you make 3 bill payment with at least $50 each using GIRO or Online banking platform

if billing_method.lower() == 'yes':
interest_billing = 0.10
print("Additional bonus interest earn from bill payment using GIRO or online banking platform: 0.10% p.a.")
else:
interest_billing = 0
print("Interest earn: 0.00%. (You did not meet the requirement by making at least 3 bill payment with at least S$50 each)")

total_interest = interest_spending + interest_salary + interest_investment + interest_insurance + interest_billing
amount_earn_annual = (total_interest/100) * bonus_saver_daily_balance
print("Amount earn from total interest per annum is S${:.2f} @ {:.2f}%.".format(amount_earn_annual,total_interest))
monthly_interest = total_interest/12
amount_earn_monthly = (monthly_interest/100) * bonus_saver_daily_balance
print("Amount earn from total interest per month is S${:.2f} @ {:.2f}%.".format(amount_earn_monthly,monthly_interest))

Answer 1

1)first it prompts for the user to enter sestimated average daily balance in $.and it can be in decimal points so the data type for stroing it is float

2)if the user enter a number it takes and continues to next step (4)

3)otherwise it prints invalid input and goes to step 1

4)it prompts the user to enter option 1)if  it is below $500 2) if it is in between $500 and $2000 3) if it is above $2000

5)if user enters an option of 1 2 or 3 it proceeds and the data type required is int as it is integer

6)otherwise it prompts user to enter a valid option and got to step (4)

7)it prompts the user for Do you credit a minimum of S$3000 net monthly income to the account(Yes or No): "

8) the data type required to store it is string as it is string.and if user may enter yes or no in either uppercase or lower case

9) if the user enters other option it display invalid option and got step (8)

10)it prompts the user for Do you credit a minimum of S$3000 net monthly income to the account(Yes or No): "

11)the data type required to store it is string as it is string.and if user may enter yes or no in either uppercase or lower case

12)if the user enters other option it display invalid option and got step (10)

13)it prompts the user for Do you purchase a minimum S$12000 Prudential life insurance premium from the bank (Yes or No)

14)the data type required to store it is string as it is string.and if user may enter yes or no in either uppercase or lower case

15)f the user enters other option it display invalid option and got step (13)

16)it prompts the user for Do you use your GIRO or online banking platform to make at least 3 bill payment with at least S$50 each? (Yes or No)

17)the data type required to store it is string as it is string.and if user may enter yes or no in either uppercase or lower case

18)f the user enters other option it display invalid option and got step (16)

PROCESS for caliculating ur intrest based on ur inputs
If monthly spend S$2000 or more, earn 0.80% annual interest.
elif spend less than S$2000 but more than or equal to $500 to earn 0.30%
else less than S$500 = 0% per annum

19) it displays ur average dailay spending and if it is below $500 it says u did not meet ur requiremnt i.e u are not eligible for it

20)if it is between $500 and $2000 u can earn an anual intrest of 0.30%

21) if it is above $2000 u can earn an anual intrest of 0.80%

22)if salary_credit.lower() == 'yes': ur interest_salary = 0.4 it is float otherwise u are not eligible

23)if insurance.lower() == 'yes': interest_insurance = 0.85 it is float otherwise ur not eligible

24)if investment.lower() == 'yes': interest_investment = 0.85 it is float otherwise ur not eligibel

#Earn 0.10% p.a. bonus interest when you make 3 bill payment with at least $50 each using GIRO or Online banking platform

25)if billing_method.lower() == 'yes': interest_billing = 0.10 andit prints Additional bonus interest earn from bill payment using GIRO or online banking platform: 0.10% p.a.

26)else interest_billing = 0 it prins interest earn: 0.00%. (You did not meet the requirement by making at least 3 bill payment with at least S$50 each

27) total intrest is caluculated as below

total_interest = interest_spending + interest_salary + interest_investment + interest_insurance + interest_billing

28)amount_earn_annual = (total_interest/100) * bonus_saver_daily_balance

29)monthly_interest = total_interest/12

30)amount_earn_monthly = (monthly_interest/100) * bonus_saver_daily_balance

31) it prints thsoe values upto 2decimal values

Thank you upvote if u like