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Q1: Getting started with Python ( helping the owner) (pts = 20) a. Write the Python code that would calculate the new balance in owner’s savings account if she invested principle P, for N years at an interest rate of r%. Hint: newBalance = ??? b. Test your code by plugging in $1000, for 2 years at 10%. Print our your answer with appropriate identifier. ( you should get around $1210 )

Q1: Getting started with Python ( helping the owner) (pts = 20)a. Write the Python code that would

calculate the new balance in owner’s savings account if she  invested principle P, for N years at an interest rate of r%. Hint:

newBalance = ???

b. Test your code by plugging in $1000, for 2 years at 10%. Print our your answer with appropriate identifier. ( you should get around $1210 )

 
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