# Python: Compute the amount of the debt in n months

## Python Basic - 1: Exercise-36 with Solution

Write a Python program to compute the amount of debt in n months. Each month, the loan adds 5% interest to the $100,000 debt and rounds to the nearest 1,000 above.

**Input:**

An integer n (0 ≤ n ≤ 100)

Input number of months: 7

Amount of debt: $144000

**Sample Solution**:

**Python Code:**

```
def round_n(n):
if n%1000:
return (1+n//1000)*1000
else:
return n
def compute_debt(n):
if n==0: return 100000
return int(round_n(compute_debt(n-1)*1.05))
print("Input number of months:")
result = compute_debt(int(input()))
print("Amount of debt: ","$"+str(result).strip())
```

Sample Output:

Input number of months: 7 Amount of debt: $144000

**Flowchart:**

**Python Code Editor:**

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