AI Bootcamp Challenge 3 - Create an application to calculate interest earned for Savings Account and Certificate of Deposit.
User will select type of account for which they need to check balance and interest earned. Provide all the required details balance, apr and duration. User will be provided with details of current balance and how much interest they earned.
.
├── Account.py
├── README.md
├── cd_account.py
├── customer_banking.py
├── savings_account.py
└── utils.py
Interest earned is calculated using below formula's for each account type,
balance * (apr/100 * months/12)
(principal * (1 + (rate / duration) ) ** ( duration * year )) - principal 1