"""
Given p dollars, the future value of this money when compounded yearly at a rate of r percent
interest for y years is p(1 + 0.01r)^y. Write a Python statement that calculates and prints
the value of 1000 dollars compounded at 7 percent interest for 10 years
 """

print 1000 * (1 + 0.01 * 7) ** 10