Problem Statement 3
Develop a program that accepts a deposit amount and period of deposit. Calculate the maturity amount after the period of deposit. The bank pays 4% interest per year (compound interest) for any deposits made in the bank.
SAMPLE INPUT
Enter the initial deposit amount:
50000
Enter the annual_compound:
3
Enter the period_of_year:
3
Total interest value is: 56330.1573452152
Sample Program:
Sample Output:
Enter the initial deposit amount:
50000
Enter the annual_compound:
3
Enter the period_of_year:
3
Total interest value is: 56330.1573452152
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