Python Program To Calculate Compound Intreset

The formula of compound interest is

AP(1+ R/100)T  

Compound Interest = A - P

A is Amount

P is the Principle amount

R is Rate

T is Time

Program

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# Python program to find Compound interest 
# write a program to calculate Compound interest
def CompoundInterest(p,r,t):
    # caluclate the Compound interest and stored it in result
    Compound_interest = p * (pow((1 + r / 100), t))
    # print the result
    print('The Compound Interest is',Compound_interest)

# take input from the users
p = int(input("Enter the principal amount: "))
r = float(input("Enter the rate of interest: "))
t = int(input("Enter the time period: "))

# call the function
CompoundInterest(p,r,t)

# Python program to find Compound interest - docodehere.com 

Output


Enter the principal amount: 1000 Enter the rate of interest: 12 Enter the time period: 2 The Compound Interest is 1254.4

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