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!pip install jovian --upgrade --quiet
import jovian

Question 1: What are mnemonic variable names? Why is a good practice to use them?

Mnemonic variable names are names that we can recall from our memory. Like assigning the variable the name that it is being used as instead of random gibberish. Variable that will be used as "principal amount" in simple interest calculation should be saved as "Principal" itself for easy recalling while reviewing the code at a later stage that is the reason its a good practice to use them.

Use variables and suitable data types in python to solve the following. Add comments to explain why you did what you did. Use mnemonic variable names.