"Loan Calculator in Python"

 Here's an example of a basic implementation of a loan calculator in Python:

This code creates a function called loan_calculator() which takes in three parameters: the loan amount, the annual interest rate, and the loan term (in years). It then uses these inputs to calculate the monthly payment using the formula for the fixed monthly payment on a loan with fixed interest rate: M = P [ i(1 + i)^n ] / [ (1 + i)^n – 1], where M is the monthly payment, P is the principal loan amount, i is the monthly interest rate, and n is the number of payments. The function returns the calculated monthly payment.

This code is a basic implementation of the loan calculator, you can add more features to it like taking inputs from user, displaying the amortization table, handling edge cases like negative inputs, etc.

To run this code, you will need a Python development environment. Some popular options include IDLE (which is included with the Python installation), PyCharm Community Edition, and Visual Studio Code with the Python extension.

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