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Python/financial/README.md

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Create GitHub Pages docs with Sphinx (#11888)
2024-10-08 17:09:28 +00:00
# Interest
Financials (#5585) * feat: creates math calculations for financials * refactor: make pull request items requirements * refactor: provides type hint for parameters * refactor: applies code review suggestions * refactor: adds more examples tests * refactor: throws ValueError instead of Exception * refactor: fix formatting * refactor: fix formatting * Update interest.py * Update and rename financials/ABOUT.md to financial/ABOUT.md * Rename financials/__init__.py to financial/__init__.py * Rename financials/interest.py to financial/interest.py * https://www.investopedia.com * Update __init__.py * pre-commit: Disable end-of-file-fixer * Revert change to pre-commit * Update __init__.py * __init__.py Co-authored-by: Christian Clauss <cclauss@me.com> Co-authored-by: John Law <johnlaw.po@gmail.com>
2021-10-26 16:19:00 +00:00
* Compound Interest: "Compound interest is calculated by multiplying the initial principal amount by one plus the annual interest rate raised to the number of compound periods minus one." [Compound Interest](https://www.investopedia.com/)
* Simple Interest: "Simple interest paid or received over a certain period is a fixed percentage of the principal amount that was borrowed or lent. " [Simple Interest](https://www.investopedia.com/)
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