Question

Please say which python mode you use and be very thourough with details as I'm have a tough time with this.This should be done through python

According to Wikipedia, if you can invest PV for n years at an interest rate of i per year (where interest of "5 percent" is expressed as 0.05), the amount FV you will get back is shown in this formula.

FV= PV * (1+i)^t

The requirements are to Create an application that will get the values PV, n, and i and use them to calculate the future value FV and return that information

Answer 1

PV = float(input('Enter initial investment value: '))
t = int(input('Enter number of years: '))
i = float(input('Enter interest rate per year(percentage): '))

FV = PV * (1+(i/100))**t

print('Future value is $%.2f' % FV)