Using Python Programming:

ation: compound value) Suppose you save $100 each month into account with an annual interest rate of 5%. Therefore, the monthly inter- 2 = 0.00417. After the first month, the value in the account est rate is 0.05/1 becomes 100 * (1 + 0.00417) = 100.417 After the second month, the value in the account becomes (100 100.417) (1 + 0.00417) 201.252 After the third month, the value in the account becomes (100 + 201.252) * (1 + 0.00417) = 302.507 and so on. rite a program that prompts the user to enter a monthly saving amount and displays the account value after the sixth month. Here is a sample run of the program