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Computer Science

Write a program to compute simple interest and compound interest.

Python

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Answer

p = float(input("Enter principal: "))
r = float(input("Enter rate: "))
t = int(input("Enter time: "))
si = (p * r * t) / 100
ci = p * ((1 + (r / 100 ))** t) - p
print("Simple interest = ", si)
print("Compound interest = ", ci)

Output

Enter principal: 15217.75
Enter rate: 9.2
Enter time: 3
Simple interest =  4200.098999999999
Compound interest =  4598.357987312007

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