Question

Python Code, please

2.28 Domain Lab 4.1 -- Simple interest Calculator

Simple Interest Calculator Your program should ask the user (in this order) for:

• Principal
• Annual Interest Rate
• Time Period (years)

Your program should then calculate and display:

• Total Interest Generated
• Total Future Value

Answer 1

Code:

#input of principal
principal = float(input("Enter principal: "))

#input of Rate
rate = float(input("Enter Annual Rate Interest: "))

#input of Time period
time = float(input("Enter time period(years): "))

# Calculating Simple interest
interest = (principal*rate*time)/100

#Calculating Future Value
future_value = interest+principal

#printing Results
print("Your Simple Interest: ",interest)
print("Your Future Value: ",future_value)

OUTPUT:

Enter principal: 1000 Enter Annual Rate Interest: 12 Enter time period (years): 2 Your Simple Interest: 240.0 Your Future Value: 1240.0 . . Program finished with exit code 0 Press ENTER to exit console