Skip to content

Write a Python Program to calculate EMI for Amount, Period and Interest.

Class 11th IP (065)

Write a Python Program to calculate EMI for Amount, Period and Interest.

SOLUTION..

p = float(input("Loan Amount: ")) r = float(input("Annual Interest Rate: ")) n = int(input("Time in months: ")) r = r / (12 * 100) emi = (p * r * (1 + r) ** n) / ((1 + r) ** n - 1) print("EMI =", emi)