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.
Cet exercice fait partie du cours
Bond Valuation and Analysis in Python
Exercice interactif pratique
Essayez cet exercice en complétant cet exemple de 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
____