Write a Python function to solve the type of problem you just went through. It should take an initial loan

a mount, a number of days untill payback, and the interest rate. It should return the total amount to payback,

assuming that the interest is compounded daly over the days until payback. Your eeplanation in question $4$

should guide you in how the function should be written.

Note: your explanations do not need to be very lang, but they must be dear, well arganized, spelling proafed,

and well argued.

Grading criteria

You start with $100$ points and then lose points as you dorit do something that is required.

$-10$: Incorect$/$poor answer to question $1$

$-20$: Incomect$/$ poor answer to question $2$

$-20$: Incorect$/$ poor answer to question $3$

$-20$: Incomect$/$ poor answer to question $4$

$-30$: Incomect$/$incomplete function

$10(24$Hrs$)/-20(48$H Hrs$)$: Late.

$-100$: No submission.

Pythan Functions:

Fair$\_$loan!$)$

Must return a value

Takes in: The principal $($Initial Loan Amount$),$ interest rate

Outputs: The payback amount

Shark$\_$loan!?

Must return a value

Takes in: The principal $($Initial Loan Amount$),$ interest rate, days until payback

Outputs: The payback amouint