Question

python program for EMI Calculation​

Answer 1

Explanation:

Calculation of EMI in Python

def emi(p, r, t):

# for one month interest.

r = r/(12*100)

# for one month period.

t = t*12.

emi = (p*r*pow(1+r,t))/(pow(1+r,t)-1)

return emi.

principal = 10896;