Example: Enter the principle amount:70000 Enter the time(years):1 Enter the rate:4.0 The simple interest is: 2800.0 Python Program to Compute Simple Interest Given all the Required Values | 1. Take in the values for principle amount, rate and time. 2. Using the formula, compute the simple interest. 3. Print the value for the computed interest. 4. Exit.

Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Chapter1: Introduction
Section: Chapter Questions
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Example:
Enter the principle amount:70000
Enter the time(years):1
Enter the rate:4.0
The simple interest is: 2800.0
Python Program to Compute
Simple Interest Given all the
Required Values
|1. Take in the values for principle amount, rate and
|time.
|2. Using the formula, compute the simple interest.
3. Print the value for the computed interest.
4. Exit.
Transcribed Image Text:Example: Enter the principle amount:70000 Enter the time(years):1 Enter the rate:4.0 The simple interest is: 2800.0 Python Program to Compute Simple Interest Given all the Required Values |1. Take in the values for principle amount, rate and |time. |2. Using the formula, compute the simple interest. 3. Print the value for the computed interest. 4. Exit.
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