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Calculating compounding frequencies

Different compounding frequencies can greatly affect how much your money will grow. In this exercise, we are going to compare three different savings accounts, each offering a different annual rate at a different compounding frequency, to see which one will grow your money the most.

In each example you will start with an initial investment of $10,000 that you invest for ten years. numpy_financial has already been imported for you as npf.

This exercise is part of the course

Bond Valuation and Analysis in Python

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Hands-on interactive exercise

Have a go at this exercise by completing this sample code.

# Calculate the growth of USD 10,000 invested in the first account
account_1 = npf.fv(rate=____, nper=____, pmt=____, pv=____)

# Print the value of the first savings account
____
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