#Future Value
#It is difficult to make a budget that spans several years,
#because prices are not stable. If your company needs 200 pencils
#per year, you cannot simply use this year's price as the cost of
#pencils two years from now. Because of inflation the cost is likely
#to be higher than it is today. 
#
#Write a program to gauge the expected cost of an item in a specified
#number of years. The program asks for the cost of the item,
#the number of years from now that the item will be purchased,
# and the rate of inflation. The program then outputs the estimated
#cost of the item after the specified period. 

#Have the user enter the inflation rate as a percentage, like 5.6 (%).
#Your program should then convert the percent to a fraction, like 0.056,
#and should use a loop to estimate the price adjusted for inflation.

def main():
    print "This program calculates the expected price of an item"
    price = input("Please, input the today's price of an item: ")
    years = input("Please, input the number of years from now that the item will be purchased: ")
    inflation = input("Please, input the inflation rate: ")

    inflation = inflation/100.0;
    for i in range(years):
        price=price+price*inflation

    print "In ", years, "years the price of the item will be ", price
    print "Have a good day!"

main()