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README.md

Simple Interest Calculator

This project provides a Python script to calculate simple interest. It is the first step in transitioning from Subversion (SVN) to Git for version control at our micro-finance startup. The goal of this repository is to serve as an example for hosting code on GitHub and to follow best practices for open-source contributions.

Features

  • Easy-to-use script to calculate simple interest.
  • Designed for educational and demonstration purposes.

Formula Used

The formula for calculating simple interest is:

[ SI = \frac{P \times R \times T}{100} ]

Where:

  • P is the principal amount.
  • R is the annual interest rate.
  • T is the time period in years.

Calculator Details

A calculator that calculates simple interest given principal, annual rate of interest, and time period in years.

Input:

  • p: principal amount
  • t: time period in years
  • r: annual rate of interest

Output:

  • simple interest = p * t * r

Getting Started

  1. Clone the repository:

    git clone https://github.com/your-username/simple-interest-calculator.git
  2. Navigate to the project directory:

    cd simple-interest-calculator
  3. Run the script:

    python simple_interest.py

License

This project is licensed under the Apache License 2.0. See the LICENSE file for details.

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