Retirement Calculator Python Program

4/27/2019by admin
  1. Basic Calculator In Python
  2. Calculator Python Program

Python & Programming Projects for $10 - $30. As a part of study, I have written Retirement Calculator using Monte Carlo Simulation. As I am beginner, not getting expected output. Python Program Examples. Python Print Hello World. Python Get Input from User. Python Make Simple Calculator. Python Add Digits of Number. Python Find Sum of Natural Numbers. Python Calculate Average Percentage.

Basic Calculator In Python

I am working on an assignment for a comp sci class. I feel like I am really close but I cant quite get to the answer. Basically the assignment is a compound interest calculator, what I am trying to do that makes it more complicated is adding deposits to the initial investment and allowing for someone to stop paying into it at one point, but collect it at a different point. The example is ', a user may already have
saved $10,000 in their account when they start their retirement calculation. They intend to save
another $1000 per year for the next 10 years at which point they will stop making any additional
deposits into their account. However, they may be 20 years away from retirement. Your program should be able to account for these varying inputs and calculate the correct future value of their
account at retirement'

Here is my code so far:

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I would like the output to look like this:

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3 Answers

Collegamento elettrico condizionatore panasonic. I think you need to ensure the formula is correct:

FV(t) = 5000 * (1.12 ** t) + 1000 * (1.12 ** t) + 1000 * (1.12 ** (t-1)) + .. + 1000 * 1.12 = 5000 * (1.12 ** t) + 1000 * (1.12 ** t - 1) * 1.12 / 0.12

Then we can define a function:

Test:

Godzilla 2 king of the monsters. Yields:

Retirement calculator python program stack overflow

Till now the main work is done, I think you can handle the rest.

Calculator Python Program

RayRay

In most cases, I would prefer Ray's analytic solution - plug the values into a formula, get the final answer, instead of iterating year by year.

However, in this case, you want the values for each year, so you may as well iterate after all:

which results in

Hugh BothwellHugh Bothwell

I have a similar problem like the one mentioned above but I do not get why the second part of the equation(formula) after the second equal sign? Also is there not another way of doing this more concise without having to code 'FV(t) = 5000 * (1.12 ** t) + 1000 * (1.12 ** t) + 1000 * (1.12 ** (t-1))' this part several times?

NazNaz

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