C program to find Simple and compound interest.
What is Simple interest? Click here to read about it.
What is Compound interest? Click here to read about it.
Simple interest Formula : ( P x N x R )/100
Compound interest Formula : P ( 1 + R / 100)N
Where
P : The principal amount.
N : Number of years.
R : Rate of interest.
Links that you may find important :
http://math.about.com/od/businessmath/ss/Interest.htm
http://math.about.com/od/formulas/a/compound.htm
Code :
What is Simple interest? Click here to read about it.
What is Compound interest? Click here to read about it.
Simple interest Formula : ( P x N x R )/100
Compound interest Formula : P ( 1 + R / 100)N
Where
P : The principal amount.
N : Number of years.
R : Rate of interest.
Links that you may find important :
http://math.about.com/od/businessmath/ss/Interest.htm
http://math.about.com/od/formulas/a/compound.htm
Code :
#include <stdio.h> #include <conio.h> #include <math.h> void main() { float p,si,ci,r; int n; clrscr(); printf("Program to find Interest"); printf("\n\nPrinciple amount :"); scanf("%f",&p); printf("\nNumber of years :"); scanf("%d",&n); printf("\nRate of interest:"); scanf("%f",&r); si=p*n*r/100; //Simple interest calculation printf("\nSimple Interest = %1.2f",si); ci=p*pow(1+r/100,n); //Compound interest calculation printf("\nCompound Interest = %1.2f",ci); getch(); }Output :
Program to find Interest Principle amount :5000 Number of years :10 Rate of interest:7.5 Simple Interest = 3750.00 Compound Interest = 10305.16Note : Leave a comment if you feel the program is incorrect and/or has errors and/or if the program and its output don't match. Please report about broken links.
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