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Create app.py
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app.py
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from flask import Flask, request, jsonify, render_template
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app = Flask(__name__)
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# SIP Calculation Function
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def calculate_sip(P, i, n):
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M = P * (((1 + i) ** n - 1) / i) * (1 + i)
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return M
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# REST API Endpoint for SIP Calculation
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@app.route('/api/sip', methods=['POST'])
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def sip_api():
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try:
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data = request.json # Get JSON request data
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P = float(data.get("P", 5000)) # Default: 5000
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i = float(data.get("i", 12)) # Default: 12% annual
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n = int(data.get("n", 10)) # Default: 10 years
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# Convert annual interest rate to monthly and decimal
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monthly_rate = i / 12 / 100
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n_payments = n * 12
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M = calculate_sip(P, monthly_rate, n_payments)
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total_invested = P * n_payments
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estimated_returns = M - total_invested
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return jsonify({
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"monthly_investment": P,
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"annual_interest_rate": i,
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"years": n,
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"final_amount": M,
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"total_invested": total_invested,
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"estimated_returns": estimated_returns
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})
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except Exception as e:
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return jsonify({"error": str(e)}), 400 # Return error in JSON format
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if __name__ == '__main__':
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app.run(host='0.0.0.0', port=5000, debug=True)
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