Create the logic for a program that calculates and displays the amount of money you would have if you invested $5000 at 2 percent interest for one year. Create a separate method to do the calculation and return the result to be displayed.

# main function is defined

# the calculateAmount is called here

def main():

   print("The new amount is: ", calculateAmount(), sep="")

# calculateAmount function that calculate the interest

def calculateAmount():

   # the value of principal is p

   p = 5000

   # the value of rate is r

   r= 2

   # the time is t

   t = 1

   # the formula for finding interest

   interest = (p * r * t) / 100

   # the new amount is calculated

   amount = p + interest

   # the amount is returned

   return amount

# a call that make main function begin execution

if __name__ == "__main__":

   main()

Explanation:

The program is written in Python and it is well commented. A screenshot is attached showing program output

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explanation:

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