Please answer the question in PYTHON 3.

keep the code simple.

Suppose you are purchasing something online on the internet. At the website, you get a 10% discount if you are a member. Additionally, you are also getting a discount of 5% on the item because it's Father's Day. Write a function (final_cost) that takes as input the cost of the item that you are purchasing and a Boolean variable indicating whether you are a member (or not), applies the discounts appropriately, and returns the final discounted value of the item