Beginner
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LEVEL:Beginner
Description
There are two banks; Bank A and Bank B. Their interest rates vary. You have received offers from both bank in terms of annual rate of interest, tenure and variations of rate of interest over the entire tenure.
You have to choose the offer which costs you least interest and reject the other.
Do the computation and make a wise choice.
The loan repayment happens at a monthly frequency and Equated Monthly Installment (EMI) is calculated using the formula given below :
EMI = loanAmount * monthlyInterestRate /
( 1 - 1 / (1 + monthlyInterestRate)^(numberOfYears * 12))
Constraints
1 <= P <= 1000000
1 <=T <= 50
1<= N1 <= 30
1<= N2 <= 30
Input Format
First line : P - principal (Loan Amount)
Second line : T - Total Tenure (in years).
Third Line : N1 is number of slabs of interest rates for a given period by Bank A. First slab starts from first year and second slab starts from end of first slab and so on.
Next N1 line will contain the interest rate and their period.
After N1 lines we will receive N2 viz. the number of slabs offered by second bank.
Next N2 lines are number of slabs of interest rates for a given period by Bank B. First slab starts from first year and second slab starts from end of first slab and so on.
The period and rate will be delimited by single white space.
Output Format
Your decision - either Bank A or Bank B.
10000 20 3 5 9.5 10 9.6 5 8.5 3 10 6.9 5 8.5 5 7.9
Bank B
500000 26 3 13 9.5 3 6.9 10 5.6 3 14 8.5 6 7.4 6 9.6
Bank A
10000 20 3 5 9.5 10 9.6 5 8.5 3 10 6.9 5 8.5 5 7.9
Bank B
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Approach
This is a very basic approach . First we take intial sum of money of first bank as 0
then we take input which are years and rate of interest . Then we calcualte the EMI as per the formula given in the question and keep adding them to the initial amount
similarily we do it to the other bank two. Finally if the total sum of bank 1 is greater than bank 2 then we print the bank1 else we print the bank 2 which is in this case A and B
Note :
Let us know if you can come up with a better approach, mail us at support@theinquisitive.in Your approach will be reviewed and posted with credits to you.
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