Exercise 2: Compound interest and Simple interest using python | python for beginners
python program for finding simple and compound interest
Simple Interest Formula:
SI= ( P×R×T / 100)
Compound Interest Formula:
A=P×(1+R%/N)^ N×T
CI=A-P
P = Principal amount
R = Rate of interest per year
T = Time period (in years)
N = n is the number of times that interest
is compounded per year.