Question

10. Tuition Increase

At one college, the tuition for a full-time student is $8000 per semester. It has1 been announced that the tuition will increase by 3 percent each year for the next 5 years. Write a program with a loop that displays the projected semester tuition amount for the next 5 years.

Answer 1

PYTHON CODE:

print('* * * Semester Fees for the next 5 years * * *\n')

# variable to store the initial semester fee
semester_fee = 8000

# loop to print the semester for the 5 years
for i in range(5):

    # incrementing the semester fee by 3 percentage every year
    semester_fee = semester_fee + semester_fee * (3/100)

    # printing the fees
    print('Semester fee for the year %d: $%.2f' % (i+1,semester_fee))

SCREENSHOT FOR CODING:

SCREENSHOT FOR OUTPUT: