Python programming projects:

Deprciation: For tax purposes an item may be depreciated over a period of sever years, n. With the straight-line method of depreciation, each year the item depreciates by (1/n)th of its original value. With the double-declining-balance method of depreciation, each year the item depreciates by (2/n)ths of its value at the beginning of that year. (In the final year it is depreciated by its value at the beggining of the year.) Write a program that performs the following tasks:

(a) Request a description of the item, the year of purchase, the cost of the item, the number of years to be depreciated (estimated life), and the method of depreciation.

(b) Display a year-by-year description of the depreciation.