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This is a simple calculator that allows you to calculate the compound interest on an investment. Calculates compound interest on an annual basis Allows you to input the principal amount, annual ...
This Python program calculates the compound interest on an investment. The user is prompted to input the principal amount, interest rate, and the time in years. The program validates the input to ...
How to Calculate Interest on Interest When calculating interest-on-interest, the compound interest formula determines the amount of accumulated interest on the principal amount invested or borrowed.