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Write a python program to create a plotting of years of compounding v/s value of principal using the pyplot library. Assume reasonable values for principal, interest rate, and years.

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943views

Write a python program to create a plotting of years of compounding v/s value of principal using the pyplot library. Assume reasonable values for principal, interest rate, and years.

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written 22 months ago by |

**Solution:**

python program to create a plotting of years of compounding:

This python program calculates simple and compound interest where the principal amount, rate and time are given by the user.

**Output:**

Python program to compute the future value of a specified principal amount, rate of interest, and a number of years:

The formula for future value with compound interest is FV = P (1 + r/n)^nt.

FV = the future value;

P = the principal;

r = the annual interest rate expressed as a decimal;

n = the number of times interest is paid each year;

t = time in years.

Test Data : amt = 20000, int = 4.5, years = 10

Expected Output: 31059.39.

**Input:**

**Output:**

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