A constant is like a variable in that it provides a named location in memory to store a data value. Constants differ in one significant way in that once a value has been assigned to a constant it cannot subsequently be changed.
Constants are particularly useful if there is a value which is used repeatedly throughout the application code. Rather than use the value each time, it makes the code easier to read if the value is first assigned to a constant which is then referenced in the code. For example, it might not be clear to someone reading your Swift code why you used the value 5 in an expression. If, instead of the value 5, you use a constant named interestRate the purpose of the value becomes much clearer. Constants also have the advantage that if the programmer needs to change a widely used value, it only needs to be changed once in the constant declaration and not each time it is referenced.
As with variables, constants have a type, a name and a value...
