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B.TECH I YEAR • II SEMESTER • R25

Python Programming - Lab Manual

Python Programming Laboratory • Program Solution

📘 R25 Regulation 🎓 I Year 📚 II Semester 🐍 Python Programming 🧪 Lab Program
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calculate compound interest

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Aim:

☛   Write a program to calculate compound interest when principal, rate and number of periods are given.

Solution :


The formula to calculate compound interest annually is given by:
    A = P ( 1 + R / 100 )t
    Compound Interest = A - P

Where,
   A is amount,
   P is the principal amount
   R is the rate of interest,
   T is the time span


PROGRAM: (CI.py) 

 
# Python program to compute compound interest 
p = int(input(" Enter the principal amount : ")) 
t = float(input(" Enter the time in years : " )) 
r = float(input(" Enter the rate of interest : ")) 
# compute compound interest 
amount = p * (pow((1 + r / 100), t)) 
ci = amount - p 
# print 
print(" Compound Interest : " , ci )

OUTPUT: 

 
 Enter the principal amount : 50000
 Enter the time in years : 3.8
 Enter the rate of interest : 2
 Compound Interest :  3907.6819031304913

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calculate compound interest
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