Calculate Compound Interest using Python

Formula for compound interest : =final amount=initial principal balance=interest rate=number of times interest applied per time period=number of time periods elapsed def compound_interest(principle, rate, time): CI = principle * (pow((1 + rate / 100), time)) print("Compound interest : ", CI) p=int(input("Enter Principal amount: ")) r=int(input("Enter interest rate: ")) t=int(input("Enter time period: ")) compound_interest(p, r, t)

Calculate simple interest using python

Formula for simple interest is : (principal amount* rate of interest* time period)/100 SI= (P*R*T)/100 p=int(input("Enter the principal amount ")) r=int(input("Enter the interest rate per annum ")) t=int(input("Enter the time period in years ")) simple_interest=(p*r*t)/100 print("SIMPLE INTEREST = ", simple_interest)