What is the python program of compound interest?

Question

using compound interest formula..

Answer 1

p = 100 # principal amount (100)
rate = 5 # annual rate (5%)
time = 10 # in years
freq = 12 # compounding frequency (monthly - 12, quarterly - 4, etc.)

compound = p * (pow((1 + rate / 100 / freq), time * freq))

print(compound)