interest.py

# Prompt the user for an Initial Balance (and save to a variable)
# use the float() function to convert the input into a number.
balance = float(input("Initial balance: "))

# Prompt the user for an Annual Interest % (and save to a variable)
# use the float() function to convert the input into a number
interest = float(input("Annual interest % "))

# change the percentage number into a decimal (e.g. 6 turns into .06, 5 turns into .05, etc).
# remember to save your new value to a variable!
interest = interest/100

# Prompt the user for a Number of years (and save to a variable)
# use the int() function to convert the input into an integer
years = int(input("Years: "))


# Calculate the total value following the formula.
# You can use multiple steps and variables if necessary.
# Note that n = 12
new_balance = balance*(1+(interest/12))**(12*years)


# Calculate the interest earned based on the above value and the initial balance
interest_earned = new_balance - balance

# Output the interest earned
output = "Interest earned in "+str(years)+" years: $"+str(interest_earned)
print(output)

# Output the total value
print("Total value after "+str(years)+" years: $"+str(new_balance))