Python Program for compound interest

Python Program for compound interest

Compound Interest formula:

• Compound Interest = P(1 + R/100) ^t

• ^{P is principle amount}
• ^{R is the rate}
• ^{T is the time} 

^{Source Code:}

^{# interest for given values.}

^{def compound_interest(principle, rate, time):} 

        ^{# Calculates compound interest
        CI = principle * (pow((1 + rate / 100), time))
        print("Compound interest is", CI)} 

^{# Driver Code
compound_interest(10000, 10.25, 5)}