Hello all. I'm totally new into Python learning journey and am stuck here, any thoughts what I'm missing here? I'm getting error with print saying invalid syntax
loan = 100000
interest = 0.05
pn = 30
monthlypayment = loan[interest(1+interest)(pn)/[(1+interest)(pn)-1]
#print(monthlypayment)
The "[]" are usually used to call upon stuff from lists and dicts, that is most likely the syntax. Also if you are trying to multiply the variables, use "*". That is what's probably also giving you a syntax error
There is uneven open to close
[] giving a invalid syntax,
() &
[] in python do special things you cant just copy a maths formula
M = P [ i(1 + i)^n ] / [ (1 + i)^n – 1] as close as you can.
loan = 100000
interest = 0.05
pn = 30
# monthlypayment = loan[interest(1+interest)(pn)/[(1+interest)(pn)-1]
# M = P [ i(1 + i)^n ] / [ (1 + i)^n – 1]
monthlypayment = loan * (interest * (1 + interest) ** pn) / ((1 + interest) ** pn - 1)
print(monthlypayment)
Output:
6505.143508027656