Using python, write code for problem.

Interest Rates Savings accounts state an interest rate and a compounding period. If the amount deposited is P, the stated interest rate is r, and interest is compounded m times per year, then the balance in the account after one year is P middot (1 + r/m)^m. For instance, if $1,000 is deposited at 3% interest compounded quarterly (that is, four times per year), then the balance after one year is 1,000 middot (1 + midoot 03/4)^4 = 1,000 middot 1.0075^4 = $1030, 34. Interest rates with different compounding periods cannot be compared directly. The concept of APY (annual percentage yield) must be used to make the comparison. The APY for a stated interest rate r compounded m times per year is defined by APY = (1 + r/m)^m - 1. (The APY is the simple interest rate that yields the same amount of interest after one year as the compounded annual rate of interest.) Write a program to compare interest rates offered by two different banks and determine the most favorable interest rate. Enter annual rate of interest for Bank 1: 2.7 Enter number of compounding periods for Bank 1: 2 Enter annual rate of interest for Bank 2: 2.69 Enter number of compounding periods for Bank 2: 52 APY for Bank 1 is 2.718%. APY for Bank 2 is 2.726%. Bank 2 is the better bank