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Numpy Beginner's Guide (Update)

You're reading from   Numpy Beginner's Guide (Update) Build efficient, high-speed programs using the high-performance NumPy mathematical library

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Product type Paperback
Published in Jun 2015
Publisher
ISBN-13 9781785281969
Length 348 pages
Edition 1st Edition
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Author (1):
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Ivan Idris Ivan Idris
Author Profile Icon Ivan Idris
Ivan Idris
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Table of Contents (16) Chapters Close

Preface 1. NumPy Quick Start FREE CHAPTER 2. Beginning with NumPy Fundamentals 3. Getting Familiar with Commonly Used Functions 4. Convenience Functions for Your Convenience 5. Working with Matrices and ufuncs 6. Moving Further with NumPy Modules 7. Peeking into Special Routines 8. Assuring Quality with Testing 9. Plotting with matplotlib 10. When NumPy Is Not Enough – SciPy and Beyond 11. Playing with Pygame A. Pop Quiz Answers B. Additional Online Resources C. NumPy Functions' References
Index

Time for action – determining the number of periodic payments

Consider a loan of 9000 at a rate of 10 percent with fixed monthly payments of 100.

Find out how many payments are required with the NumPy nper() function:

print("Number of payments", np.nper(0.10/12, -100, 9000))

The number of payments:

Number of payments 167.047511801

What just happened?

We determined the number of payments needed to pay off a loan of 9000 with an interest rate of 10 percent and monthly payments of 100. The number of payments returned was 167.

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