Leibniz formula for π - Is this any good? (Python)

Question

I\'m doing an exercise that asks for a function that approximates the value of pi using Leibniz\' formula. These are the explanations on Wikipedia:

Answer 1

old thread, but i wanted to stuff around with this and coincidentally i came up with pretty much the same as user3220980

# gregory-leibnitz
# pi acurate to 8 dp in around 80 sec
# pi to 5 dp in .06 seconds
import time
start_time = time.time()

pi = 4 # start at 4
times = 100000000

for i in range(3,times,4):
        pi -= (4/i) + (4/(i + 2))
    
print(pi)
print("{} seconds".format(time.time() - start_time))