Question

Write a python programming for calculating compound interest

Answer 1

Answer:

Python Program to Calculate Compound Interest

def compound_interest(principle, rate, time):

result = principle * (pow((1 + rate / 100), time.

return result.

p = float(input("Enter the principal amount: "))

r = float(input("Enter the interest rate: "))

t = float(input("Enter the time in years: "))

amount = compound_interest(p, r, t)

interest = amount - p.

Answer 2

The following codes must be typed in script mode, saved and then executed.

CODE 1:

p = float(input("Enter the principal amount:"))

r = float(input("Enter the interest rate:"))

n = float(input("Enter the tenure of compoundings:"))

t = float(input("Enter the time period:"))

print("The compound interest is", p*(1 + r/n)**n*t)

OUTPUT:

$\tt Enter\ the\ principal\ amount:$ 4000

$\tt Enter\ the\ interest\ rate:$ 5

$\tt Enter\ the\ tenure\ of\ compoundings:$ 1

$\tt Enter\ the\ time\ period:$ 2

$\tt The\ compound\ interest\ is\ 576000000$

CODE 2:

p = float(input("Enter the principal amount:"))

r = float(input("Enter the interest rate:"))

n = float(input("Enter the tenure of compoundings:"))

t = float(input("Enter the time period:"))

a = p*(1 + r/n)**n*t

print("The compound interest is", a)

OUTPUT:

$\tt Enter\ the\ principal\ amount:$ 4000

$\tt Enter\ the\ interest\ rate:$ 5

$\tt Enter\ the\ tenure\ of\ compoundings:$ 1

$\tt Enter\ the\ time\ period:$ 2

$\tt The\ compound\ interest\ is\ 576000000$