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Kindly please help me solve the above question using python coding format Write a program to calculate the monthly ElMI amount for a loan taken
Kindly please help me solve the above question using python coding format
Write a program to calculate the monthly ElMI amount for a loan taken at fixed rate. Approach: Accept "Loan Amount", "Duration in Years" and "Interest Rate" as input from the user in a single line. Ask the user to enter the details separated by ",". Calculate the interest using the formula Interest =( Loan Amount. " Duration in Years * Interest Rate )/100. Monthly EMI = (Loan Amount + Interest )/( Duration in Years * 12). Handle the ValueError and also any other possible exception in your programStep by Step Solution
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Database Processing
Authors: David M. Kroenke
12th Edition International Edition
1292023422, 978-1292023427
