Question: Need some help with this Coding problem pls help using(anaconda, python) PLS help Problem #4: Banking Balance Write a program that will calculate interest on
Problem #4: Banking Balance Write a program that will calculate interest on a bank deposit and add that interest to the account's balance. Assume the initial deposit is $10,000 (year 0) Your program should reflect the following pseudocode description of this logic: Repeat the following steps while the balance is less than 520,000 Add 1 to the year value Compute the interest as balance x 0.05(e, 5 percent interest), Add the interest to the balance When the loop finishes, print the final year balance and the number of years it took to reach $20.000 (assuming no withdrawal In your output.print appropriate labels (text) to make clear what the output values refer to Round the final year balance in the output to 2 decimal places In [11: The final year balance is $ 20789.28 The number of years it took to reach $20,000 is 15 years
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