Question: For this assignment you will: write an algorithm code it in Python Tuition Fees Increase In 2008, BC charged $115 per credit for a course.

For this assignment you will: write an algorithm code it in Python Tuition Fees Increase In 2008, BC charged $115 per credit for a course. BC announced it would increase its cost per credit by 4% each year for the next five years. Write a program that uses a for loop to display the projected rates for the next five years as follows: Year Cost per Credit 2008 2009 2010 2011 2012 2013 $115.00 $119.60 $124.38 $129.36 $134.53 $139.92 Il 11 11 Il Pay attention to the spacing/alignment in your output. Review the Formatting Output in Python documentation in order to properly format the numerical values in your output. The output should present with two decimal places. Include your algorithm as section comments in your Python code
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
