PythonWrite a function to calculate interest based on princi

Python,,,,Write a function to calculate interest, based on principle, number of years, and interest rate. Specifically, the calculation of the simple interest is on a principal amount of 10,000 for duration of 5 years with the rate of interest equal to 12.5%. As a clue, here is the formula for simple interest: simple_interest = principle*time*rate_of_interest..

Solution

Simpleinterest.py

def simpleInterest(principle, time, rate_of_interest):
simple_interest = principle*time*rate_of_interest/100
return simple_interest;
  
interest = simpleInterest(10000, 12.5, 5);
print \"Simple interest is \",interest

Output:

sh4.3$ python main.py                                                                                                                                                                                                          

Simple interest is  6250.0