/Python/Formula for compounding interest in python

Formula for compounding interest in python

P = int(input("Enter starting principle please. "))
n = int(input("Enter number of compounding periods per year. "))
r = float(input("Enter annual interest rate. e.g. 15 for 15% "))
y = int(input("Enter the amount of years. "))

FV = P * (((1 + ((r/100.0)/n)) ** (n*y)))

print ("The final amount after", y, "years is", FV)

Source: stackoverflow.com

Similar codes

2 votes166 views3 answers
Solve equation python
Python
0 vote147 views1 answer
"default_dburl" is not defined Pylance
Python
0 vote176 views1 answer
Python check if type
Python
0 vote144 views1 answer
Return the first occurence of duplicates pandas
Python
0 vote158 views1 answer
Concatenate strings of numpy array python
Python
2 votes146 views2 answers
How to open a different version of python on my macc
Python
1 vote199 views1 answer
Cookies in django
Python Django
3 votes151 views2 answers
Who invented python
Python
0 vote161 views1 answer
Tkinter hide widget
Python
0 vote155 views1 answer
For i in range without i
Python