Python: Repay Loans (Gr. 9-10)


In this lesson, students are introduced to loops in Python through the Loan Payment Calculator application. The for loop is used to repeat an action or sequence a specified number of times. Take the even principal payment as an example, students will explore how to use the for loop to help calculate the repayments of a loan in the even principal payment schedule.


  • Using For loops in Python
  • Learn how to use the range() function in conjunction with for loops
  • Concatenating strings, integers, and floats inside a print() statement

Curriculum Connections Summary

  • Ontario - Mathematics & Computer Science
  • Quebec - Coming Soon!
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  • Yukon Territories - Follow's B.C.'s Curriculum
  • Northwest Territories - Follows Alberta's Curriculum
  • Nunavut - Follows Alberta's Curriculum

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mBlock (Python Coding)
mBlock (Python Coding)

mBlock and Python Coding - The Programming Language of the Future

Python is an interpreted, object-oriented, high-level programming language with dynamic semantics. Python's simple, easy to learn syntax emphasizes readability and therefore reduces the cost of program maintenance. With mBlock, Python supports modules and packages, which encourages program modularity and code reuse. The Python interpreter and the extensive standard library are available in source or binary form.