Create A Python Program For Compound Interest
Use Python To Calculate Compound Interest
Disclaimer: The material in this article is purely educational and should not be taken as professional investment advice. Invest at your own discretion.
According to investopedia, compound interest is the interest on a loan or deposit calculated based on both the initial principal and the accumulated interest from previous periods.
Essentially it is the interest that you get on your interest over some period of time. Compound interest is very important when it comes to finance, and Albert Einstein said it best.
“Compound interest is the most powerful force in the universe. He who understands it, earns it; he who doesn’t, pays it.”- Albert Einstein
So, in this article I will show you how to write a program using the python programming language to calculate compound interest !
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