ello, Can someone please help me with this code. Its adding another line to each year.

Computer Networking: A Top-Down Approach (7th Edition)
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ISBN:9780133594140
Author:James Kurose, Keith Ross
Publisher:James Kurose, Keith Ross
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Hello,
Can someone please help me with this code. Its adding another line to each year.
Thank you for your assistance

 

 

# title
print("Investment Report")
print()
# get numbers from the user about the investment
starting_balance = float(input("Enter the investment amount: $"))
years = int(input("Enter the number of years: "))
rate = int(input("Enter the interest rate as a %: "))
interest = 0
total_interest = 0.0
# convert the rate to a decimal number
rate = rate / 100
# format the headings of our report
print("=" * 70)
print("{:5} {:>20} {:>20} {:>20}".format("Year", "Starting balance", "Interest amount", "Ending balance"))
print("=" * 70)
# initialize the accumulator for the interest

# compute and display results for each year
for each_year in range(1, years+1):
print(each_year, end=" ")
print(starting_balance, end=" ")
interest = round((starting_balance*rate),2)
total_interest += interest
print(interest, end=" ")
starting_balance = round(starting_balance + interest,2)
print(starting_balance, end=" ")
print()
# calculate the interest starting balance*rate
# calculate the ending balance by adding the starting balance to interest
print("{:5} {:>20.2f} {:>20.2f} {:>20.2f}".format(each_year, starting_balance, interest, starting_balance+interest))
# replace the starting balance with the ending balance (using = sign)
# total_interest += interest amount (that I calculated earlier)

# Display the totals for the period
print("-" * 70)
print("Total balance ", "{:27.2f}".format(2850)) # you would replace the number with the ending balance variable
print("Total interest amount earned: ", "{:11.2f}".format(350)) # you would replace the number with the actual total interest calculated
print("-" * 70)

main.py
ternal Libraries
ratches and Consoles
test3-1 X
Enter the number of years: 3
Enter the interest rate as a %: 5
Year
Starting balance
Interest amount
Ending balance
1
2500.0
125.0
2625.0
2625.00
125.00
2750.00
2625.0
131.25
2756.25
2
2756.25
131.25
2887.50
3
2756.25
137.81
2894.06
2894.06
137.81
3031.87
Total balance
2850.00
Total interest amount earned:
350.00
Process finished with exit code O
in
E TODO
U Problems
Python Packages
Terminal
Python Console
2 Type here to search
PC
Transcribed Image Text:main.py ternal Libraries ratches and Consoles test3-1 X Enter the number of years: 3 Enter the interest rate as a %: 5 Year Starting balance Interest amount Ending balance 1 2500.0 125.0 2625.0 2625.00 125.00 2750.00 2625.0 131.25 2756.25 2 2756.25 131.25 2887.50 3 2756.25 137.81 2894.06 2894.06 137.81 3031.87 Total balance 2850.00 Total interest amount earned: 350.00 Process finished with exit code O in E TODO U Problems Python Packages Terminal Python Console 2 Type here to search PC
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