Merge pull request souravjain540#143 from abhimanyus1997/main

souravjain540 · web-flow · commit 64210dc7f170 · 2023-08-15T19:55:03.000+05:30
Created EMI Calculator
diff --git a/emi-calculator.py b/emi-calculator.py
@@ -0,0 +1,20 @@
+def emi_calculator(p:float, r:float, t:float):
+    """EMI Calculator for one months
+    --------------------------------
+    Parameters:
+      p - principal 
+      r - interest rate per month
+      t - time period (in years)
+    """
+    r = r / (12 * 100) # one month interest
+    t = t * 12 # one month period
+    emi = (p * r * pow(1 + r, t)) / (pow(1 + r, t) - 1)
+    return emi
+ 
+
+principal = float(input("Enter principal amount (in ₹):"))
+rate = float(input("Enter Interest Rate per month (%):"))
+time = float(input("Enter Time period (in years):"))
+emi = emi_calculator(principal, rate, time)
+print("Your Monthly EMI is ₹", round(emi,2))
+ 
