Simple interest is calculated by multiplying the daily interest rate by the principal amount by the number of days that elapse between the payments. Using those values Python calculates compound Interest using the above-specified formula. This amount is also known as the principal amount.
Python Program to Calculate Compound Interest.
Link to Download the Program to calculate Simple Interest and Compound Interest. This amount is also known as the principal amount. Python Program to Calculate Compound Interest. Depm start_capital for year in range 1years1.