Simple Programming Problems using Python

Question 1

Note: maximum award of 5 marks.

Sarah deposits 4,000 OMR at a bank. Using ordinary variables, write a program that would accept the rate of interest per year from the user and then calculate and display the total bank balance of Sarah after two years.

Do the following to document your work:

• Name your program file using your college ID number, followed by the question number and then your firstname, separated by a dash. Example: 123456_Q1_Talal.py
• Show your code, with appropriate comments
• Screenshot of two outputs, each of which using a different interest rate entry, with an appropriate label and a short explanation.