An online bank wants you to create a program that shows prospective customers how their deposits will grow. Your program should read the initial balance and the annual interest rate. Interest is compounded monthly. Print out the balances after the first three months. Here is a sample run:

Initial balance: 1000
Annual interest rate in percent: 6.0
After first month: 1005.00
After second month: 1010.03
After third month: 1015.08

Working on this program in python 3.7: a year in the modern gregorian calendar consists of 365 days. in reality, the earth takes longer to rotate around the sun. to account for the difference in time, every 4 years, a leap year takes place. a leap year is when a year has 366 days: an extra day, february 29th. the requirements for a given year to be a leap year are: 1) the year must be divisible by 42) if the year is a century year (1700, 1800, the year must be evenly divisible by 400some example leap years are 1600, 1712, and 2016.write a program that takes in a year and determines whether that year is a leap year.ex: if the input is 1712, the output is: 1712 is a leap year. ex: if the input is 1913, the output is: 1913 is not a leap year. your program must define and call the function isleapyear(useryear). the function should return true if the input year is a leap year and false otherwise.