Exercise:05 Python variable and its Types

 

Calculations with variables

Remember how you calculated the money you ended up with after 7 years of investing $100? You did something like this:

100 * 1.1 ** 7

Instead of calculating with the actual values, you can use variables instead. The savings variable you've created in the previous exercise represents the $100 you started with. It's up to you to create a new variable to represent 1.1 and then redo the calculations!

Instructions

100 XP

• Create a variable growth_multiplier, equal to 1.1.
• Create a variable, result, equal to the amount of money you saved after 7 years.
• Print out the value of result.