Introduction to python finance app practice

Question

im confused on what to put or how to solve! please help!

Answer 1

Elaine Taulbee
They first want you to input savings as a string

svgs = input()

Then convert the string to a float

f_svgs = float(svgs)

figure an annual interest rate at 5% or 1.05

bal = f_svgs * 1.05

Convert the balance into a string and update the variable

s_bal = str(bal)

Then concatenation the two strings

message = "Amount in 1 year: " + s_bal

print(message)

* The intent of the exercise is to see how much you learned from the previous material you completed.

Answer 2

# Asks the user to enter the savings
savings = input()

# Convert the user input into a float value and update the variable
savings = float (savings)

# Savings grow after 1 year at a 5% annual interest rate
balance = savings * 1.05

# Convert the balance into a string and update the variable
balance = (str(balance))

# Concatenate the 2 strings to produce a message
message = "Amount in 1 year: " + balance

# Display the message
print (message)

Isn't this way easier?