formula for compounding interest in python
P = int(input("Enter starting principle please. "))
n = int(input("Enter number of compounding periods per year. "))
r = float(input("Enter annual interest rate. e.g. 15 for 15% "))
y = int(input("Enter the amount of years. "))
FV = P * (((1 + ((r/100.0)/n)) ** (n*y)))
print ("The final amount after", y, "years is", FV)python program for simple interest
principle=float(input("Enter the principle amount:"))
time=int(input("Enter the time(years):"))
rate=float(input("Enter the rate:"))
simple_interest=(principle*time*rate)/100
print("The simple interest is:",simple_interest)Copyright © 2021 Codeinu
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