Loops: Compound Interest

Classwork:
CompoundInterest_YI.py: Use a while loop to calculate how many years it would take to have an accumulated total of at least $1,100 at an interest rate of 1.2% when $1,000 is deposited in a savings bank account.

Homework:
CompoundIntTable_YI.py: Use a while loop to show how the investment increases as the accumulated total becomes at least $1,100 at an interest rate of 1.2% when $1,000 is deposited in a savings bank account.

Welcome to THE INVESTMENT TABLE

year  1  interest for this year  12.0  total accumulated up to this year  1012.0
year  2  interest for this year  24.144000000000005  total accumulated up to this year  1024.144
year  3  interest for this year  36.433727999999974  total accumulated up to this year  1036.433728
year  4  interest for this year  48.870932735999986  total accumulated up to this year  1048.870932736
year  5  interest for this year  61.45738392883209  total accumulated up to this year  1061.457383928832
year  6  interest for this year  74.19487253597799  total accumulated up to this year  1074.194872535978
year  7  interest for this year  87.08521100640974  total accumulated up to this year  1087.0852110064097
year  8  interest for this year  100.13023353848666  total accumulated up to this year  1100.1302335384867

Number of years for the investment of $1000 to reach at least a value of $1,100 with an interest rate of 1.2% is  8