Question: Suppose you want to start saving a certain amount each month in an investment account that compounds interest monthly. To determine how much money you

Suppose you want to start saving a certain amount each month in an investment account that compounds interest monthly. To determine how much money you expect to have in the future, write a function

invest(investment, rate, years) in Python

that uses matplotlib to plot months on the x axis and your total accumulated investment amount on the y axis. Create a plot that shows the growth of an investment of $50 per month for ten years growing at an annual rate of 8%.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Databases Questions!