Python compound interest calculator 💰

Рет қаралды 34,993

Bro Code

Жыл бұрын

#Python #tutorial #course
Python compound interest calculator tutorial example explained

Пікірлер: 35

@BroCodez Жыл бұрын

# Python compound interest calculator principle = 0 rate = 0 time = 0 while True: principle = float(input("Enter the principle amount: ")) if principle < 0: print("Principle can't be less than zero") else: break while True: rate = float(input("Enter the interest rate: ")) if rate < 0: print("Interest rate can't be less than zero") else: break while True: time = int(input("Enter the time in years: ")) if time < 0: print("Time can't be less than zero") else: break total = principle * pow((1 + rate / 100), time) print(f"Balance after {time} year/s: ${total:.2f}")

@atalgill5587 10 ай бұрын

Why define the variables equal to zero?

@mohab4869 10 ай бұрын

@@atalgill5587 Because if we didn't put these variables before the while loop except (while True) python will give us an error cuz its not defined before , so we put these variables before it with zero value and user will overwrite the zero I hope that was useful :)

@arbjonmarasheviq6710 Жыл бұрын

OMG back from 3 months My fav teacher Keep going BRO

@tanh4219 Жыл бұрын

Make more machines like this please! It's so educating

@afghanlearners9505 Жыл бұрын

It has been a few days since having started watching your videos. you are the best!

@hemant6271 Жыл бұрын

thanks for explaining so nice the way you teach makes me more interested in your videos warm wishes from INDIA

@sunrise4439 Жыл бұрын

Living legend Teacher... GBU Mr. Bro

@ahmadabdelmonem7692 8 ай бұрын

Thanks BroCodez, You are the best!!!

@tripphouse8165 Жыл бұрын

Im actually making a compound interest app with future value of a series in JS for one of my portfolio projects : )

@user-ly5we6xl4v 6 ай бұрын

NICELY DONE BRO...❤

@chrisbwelesi3243 Жыл бұрын

Very interesting

@chineduogoliegbune5227 9 ай бұрын

I think I prefer the 'While True' function in python, it's a lot easier to understand

@ItzSomething634 5 ай бұрын

i wish he wrote out the exercise with a rough guide on how to do the questions before we watch the video instead of just walking us through it straight away

@LordoofGaming1 8 ай бұрын

can you hulp ? with coding a program based on standard value table loan interest rate, initial initial value basic installment values you will calculate the value received in each subsequent for the next 2 years plss

@darkshadowgamer401 5 ай бұрын

Bro is Teaching Math secretly

@tara2337 3 ай бұрын

great job man! thank you so much! I just don't get why you use an if inside a while loop with the same condition, well, if we get inside the while loop, it's obvious that the condition is true and we won't need to check it again by using the if function🤔

@AmaraMySon-ob8yy Күн бұрын

Exactly. Can't we just print the warning inside the while loop and then give the user a chance to leave the loop by repeating the initial function? If you get what I mean

@bjrn-magnekristensen2444 7 ай бұрын

my take on it: def intrest_calculator(): principle = 0 rate = 0 time = 0 while principle

@danielhod53 Жыл бұрын

hey Bro, what keyboard and mouse are you using?

@MrSwaga1 8 ай бұрын

I was thinking the same same thing because he was like clickety clack clack all the way through the video lol

@thecarzyguyyy9692 7 ай бұрын

I dont really understand the While True code, isn't 0 False? And what does it based to be True? pls explain to me thx.🙏🙏🙏🙏

@mywhiteplume Жыл бұрын

How would we modify the rates to accept decimal values?

@rottenspilledbeans Жыл бұрын

The program accepts decimal values as long as you you have included float in the program instead of int.

@anvrag 11 ай бұрын

instead of int, use float typecast.

@RaajaNaagaLingam Жыл бұрын

How did the system know how to calculate the interest?

@rottenspilledbeans Жыл бұрын

Because you program it to calculate compound interest.

@mustafarasool7591 Жыл бұрын

hi , i did not get why you add true

@rottenspilledbeans Жыл бұрын

true here means the value is not negative.

@timashot3286 Жыл бұрын

wait, isn't the formula of compound interest p(1+r/n)^tn? but you did p(1+r)^t

@tommasotiberi5666 Ай бұрын

That's right, the formula has 'n' (number of times interest is compounded per year) at the exponent as well...then he just deals with the case n=1 since it's yearly interest: weekly interest would be with n=52, daily with n=365, monthly with n=12, ecc...

@tommasotiberi5666 Ай бұрын

Btw the factor 100 he has at the denominator in the line where he defines the total comes from the percentage conversion: if R=3% then r=R/100=0.03