ANACONDA JUPYTER NOTEBOOK PYTHON 3

1. In this assignment you will calculated the expected pension of an employee. Assume that a public receives annual increases in salary at a constant rate and that their pension is calculated on their years of service and salary. Assume that the pension of an employee is calculated as follows:

   • Under 10 years of employment: no pension
   • 10 - or more years of employment: pension is calculated as follows,
   • number of years of employment/40.0 x salary in last year of employment
   • the amount of the annual pension cannot be greater than 80% of the salary in last year of employment

   Ask the user for their initial salary (a float), the annual increases in salary (as a percentage) (a float) and the completed number of years of service (an int). Test that the values entered are >= 0, trap the user until they enter values >= 0. Output the annual pension amount the employee will receive.

   Example input and output:

   Enter your starting salary: 10000

   Enter the expected annual increase per year: .02

   Enter your completed years of service: 9

   Annual Pension: 0

   Enter your starting salary: 10000

   Enter the expected annual increase per year: .02

   Enter your completed years of service: 20

   Annual Pension: 7429.736979891771

   Enter your starting salary: 10000

   Enter the expected annual increase per year: .02

   Enter your completed years of service: 50

   Annual Pension: 21532.704232588843