# Loan Interest Solver in Python

Mar 28, 2021

Write a program that will ask the user to input principal amount loan, the number of years the loan to be paid, and the percentage interest per year. The program will compute the yearly interest rate of the loan and display the result on the screen.

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Program Listing

``````# Jake R. Pomperada, MAED-IT, MIT
# March 28, 2021   Sunday   8:27 AM
# Bacolod City, Negros Occidental
print("@====================================@")
print("       Loan Interest Solver           ")
print("@====================================@")
print("")
principal=float(input("Enter Principal Amount PHP : "))
time=float(input("Enter Number of Year : "))
rate=float(input("Enter Percent Rate % : "))

solve_interest = (principal * time * rate) / 100

print("")
print("The Interest is PHP %.2f" %solve_interest)
print("")
print("===== THE END OF PROGRAM =====     ")
``````