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Introduction to Python | Mobile-Friendly

ChallengeChallenge

Let's use variables for one of the previous tasks.


Task

Suppose a principle amount of $1,000 is deposited in a bank that pays an annual interest rate of 15%, compounded yearly. Assign respective values to the appropriate variables and answer the question: How much money will you get in 5 years?

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Fill in the blanks to complete the task.

_ _ _
= 1000
_ _ _
= 1.15
_ _ _
= 5
print(initial_amount*annual_growth**n_of_years)
2011.3571874999993

Click or drag`n`drop items and fill in the blanks

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initial_amount
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n_of_years
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annual_growth
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Everything was clear?

Section 2. Chapter 4