Convert the following to python:

//Get initial balance, checking user input

Console.Write("Enter initial balance: ");

decimal balance = 0.0m;

while (!decimal.TryParse(Console.ReadLine(), out balance)) ;

Console.Write("Not a valid number, please re-enter: ");

string input;

do

{

//Get transaction amount or logout command from user

Console.Write("Enter transaction ammount or LOGOUT: ");

input = Console.ReadLine();

Decimal t;

if (decimal.TryParse(input, out t)) ;

{

balance += t;

Console.WriteLine("Current balance is {0:C}", balance);

}

else if (input != "LOGOUT");

Console.WriteLine("Final balance is {0:C}. Goodbye!", balance);

} while (input != "LOGOUT");

Console.WriteLine("Final balance is {0:C}. Goodbye!", balance);