I cannot get the expected result

by

You should get rid of the eval and replace it with an int or float depending on whether the interest rate or integer or not:

I = float(input("Enter your annualized interest rate: "))

then divide the percentage by 100:

z = z * (1 + I / 100.0)

You also don’t need the last if statement as z will always be larger than or equal to 2 to get out of the while loop.

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