Question

Python program To calculate simple intrest,if the time is less than 5 years then the rate of intrest will be 6% otherwise it will be 6.5%.​

Answer 1

Answer:

print("------------------------------Interest finder-------------------------------------")

principal  = float(input("Please enter the principal: "))

time = float(input("Please enter the principal: "))

if time < 5:

rate = 6

else:

rate = 6.5

simpleinterest = (principal*time*rate)/100

print("The simple interest for the given principal and time is", simpleinterest)

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