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3 years ago

Write a program in Python to input Principle Amount, Rate, Time and a choice

Computers and Technology

1 answer:

AfilCa [17]3 years ago

3 0

Answer:

P = float(input("Principal Amount: "))

R = float(input("Rate: "))

T = float(input("Time: "))

option = int(input("1 for Simple Interest, 2 for Compound interest: "))

if option == 1:

Interest = (P * R * T)/100

print("Interest: "+str(Interest))

elif option == 2:

Interest = P * (1 + R/100)**t

print("Interest: "+str(Interest))

else:

print("Invalid Selection")

Explanation:

The next three line prompt user for Principal Amount, Rate and Time

P = float(input("Principal Amount: "))

R = float(input("Rate: "))

T = float(input("Time: "))

This line prompts user for option (1 for Simple Interest, 2 for Compound interest)

option = int(input("1 for Simple Interest, 2 for Compound interest: "))

If option is 1, simple interest is calculated

if option == 1:

Interest = (P * R * T)/100

print("Interest: "+str(Interest))

If option is 2, compound interest is calculated

elif option == 2:

Interest = P * (1 + R/100)**t

print("Interest: "+str(Interest))

If option is neither 1 nor 2, Invalid Selection is printed

else:

print("Invalid Selection")

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Answer:

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Answer:

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