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.

C++ Programming: From Problem Analysis to Program Design
8th Edition
ISBN:9781337102087
Author:D. S. Malik
Publisher:D. S. Malik
Chapter5: Control Structures Ii (repetition)
Section: Chapter Questions
Problem 32PE
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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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