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#
Authors:
Tony Gaddis
Chapter:
Simple Functions
Exercise:
Programming Exercises
Question:3 | ISBN:9780132576376 | Edition: 2

Question

Many financial experts advise that property owners should insure their homes or build-ings for at least 80 percent of the amount it would cost to replace the structure. Write a program that asks the user to enter the replacement cost of a building and then displays the minimum amount of insurance he or she should buy for the property.

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Answer

minimum amount of insurance he or she should buy for the property

code:

#asks the user to enter the replacement cost of a building 
cost_building=float(input("Enter the replacement cost of a building: $"))

# insure their homes or build-ings for at least 80 percent of the amount 
insurance = cost_building * 0.80

# displays the minimum amount of insurance he or she should buy for the property
print("Minimum amount of insurance should buy for the property: $",insurance)

 

output:

Enter the replacement cost of a building: $100
Minimum amount of insurance should buy for the property: $ 80.0
>

 

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