Python program to calculate interest
Following program shows you how to calculate interest.
In this program we get investment, interest rate and time from user and calculate interest using following formula
Interest = investment X interestRate X time / 100
investment = float(input("Enter investment:")) interestRate = float(input("Enter interest rate:")) time = float(input("Enter number of years:")) interest = investment * interestRate * time / 100 print("Interest amount is: ", interest)
Enter investment: 250000 Enter interest rate: 24 Enter number of years: 3 Interest amount is: 180000.0