Python Programming

1) Write a program that produces a comparison of the balance of a bank account over time between simple, monthly and daily methods of compounding interest. The program should prompt the user for an initial balance, an interest rate, and the number of years to compare. The output should be a table with four columns, one for the year and one each for the yearend balance in the account given each compounding method. The columns should be aligned and account balances expressed in dollars and cents, e.g. $ 1050.00.

2) Write a program to print a table of powers. The program should read three values: a base and two exponents, min and max. The program should print output values for basen for min ≤ n ≤ max. The output should be formatted in three columns: base, exponent value (n) and result value (basen).

Make your code as readable as you can by choosing appropriate variable names and adding comments to your code. Upload your .py files through the course Moodle page.