Financial Calculator

• Welcome to the Financial Calculator! This tool helps you calculate the interest on your investments and the monthly repayments on a home loan. Follow the simple steps below to get started.

Features

• Investment Calculator:

• Calculates the future value of an investment based on simple or compound interest.

• User inputs: deposit amount, interest rate, number of years, and type of interest.

Bond Calculator

• Calculates the monthly repayment amount for a home loan.

• User inputs: present value of the house, interest rate, and number of months for repayment.

• How to Use

• Clone the Repository:

• Open your terminal or command prompt.

• Run the following command to clone the repository:

usage

• https://github.com/ZinhleMkhabela/finance_calculator/edit/main/README.md

Navigate to the Project Directory:

• Change into the project directory:
• bash
• Copy code
• cd financial-calculator
• Run the Script:

Run the Python script: bash Copy code python financial_calculator.py Choose an Option:

• You will be prompted to choose either 'investment' or 'bond':

python

• Choose either 'investment' or 'bond' from the menu below to proceed:
• investment - to calculate the amount of interest you'll earn on your investment bond - to calculate the amount you'll have to pay on a home loan Input Required Information: Based on your choice, input the required information when prompted.

Example Usage

Investment Calculator

• Run the script and choose 'investment':

python

Choose either 'investment' or 'bond' from the menu below to proceed: investment - to calculate the amount of interest you'll earn on your investment bond - to calculate the amount you'll have to pay on a home loan investment Follow the prompts:

mathematical

Enter the amount of money you are depositing: 1000 Enter the interest rate (as a percentage): 5 Enter the number of years you plan on investing for: 10 Do you want 'simple' or 'compound' interest? compound The calculator will display the result:

yaml

• Copy code
• The total amount after 10 years is: 1628.89
• ond Calculator
• Run the script and choose 'bond':

python

• Copy code
• Choose either 'investment' or 'bond' from the menu below to proceed:
• investment - to calculate the amount of interest you'll earn on your investment
• bond - to calculate the amount you'll have to pay on a home loan
• bond
• Follow the prompts:

vbnet

• Enter the present value of the house: 500000
• Enter the interest rate (as a percentage): 7
• Enter the number of months you plan to take to repay the bond: 240
• The calculator will display the result:

yaml

• The monthly repayment amount is: 3878.69 _ Requirements _ Python 3.x

• Screenshots

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