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bookChallenge: Revenue Calculation

Task

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Use variables to calculate projected revenue from a deposit with compound interest:

  1. With the variables initial_money, interest_rate, and n_years, compute the value of the deposit after 4 years and store it in a variable named revenue;
  2. Print the result in the format: 
    Accrued amount: number

The formula for revenue is:

initial_money * (1 + interest_rate / 100) ^ n_years

Solution

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SectionΒ 1. ChapterΒ 9
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bookChallenge: Revenue Calculation

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Task

Swipe to start coding

Use variables to calculate projected revenue from a deposit with compound interest:

  1. With the variables initial_money, interest_rate, and n_years, compute the value of the deposit after 4 years and store it in a variable named revenue;
  2. Print the result in the format: 
    Accrued amount: number

The formula for revenue is:

initial_money * (1 + interest_rate / 100) ^ n_years

Solution

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Everything was clear?

How can we improve it?

Thanks for your feedback!

SectionΒ 1. ChapterΒ 9
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