Compute EMIs for a loan using the numpy librarary

* Open the cmd prompt window 

    pip install numpy

* Open the python window

import numpy as np

interest_rate= float(input("Enter the interest rate : "))

monthly_rate = (interest_rate)/ (12*100)

years= float(input("Enter the total years : "))

number_month = years * 12

loan_amount= float(input("Enter the loan amount : "))

emi = abs(np.pmt(monthly_rate, number_month, loan_amount))

print("Your EMI will be Rs. ", round(emi, 2))

Output

Enter the interest rate : 7.5

Enter the total years : 15

Enter the loan amount : 200000

Your EMI will be Rs. 1854.02