Write a java program which accept principle, rate and time from user and print the simple and compound interest.
The formula to calculate simple interest and compound intrest. Java
programming solved programs. This program will calculate simple compound
interest in Java programming .
Program Code
package com.androidpro.in;
import java.io.BufferedReader;
import java.io.InputStreamReader;
import java.util.Scanner;
public class Main {
public static void main(String[] args)
{
double p, n, r, si, ci;
Scanner s = new Scanner(System.in);
System.out.print("Enter the
amount : ");
p =
s.nextDouble();
System.out.print("Enter the
No.of years : ");
n =
s.nextDouble();
System.out.print("Enter the
Rate of interest : ");
r = s.nextDouble();
si = (p * n * r)
/ 100;
ci = p * Math.pow(1.0 + r / 100.0, n) - p;
System.out.println("\nAmount : " + p);
System.out.println("No. of
years : " + n);
System.out.println("Rate of
interest : " + r);
System.out.println("Simple
Interest : " + si);
System.out.println("Compound
Interest : " + ci);
}
}
Output
Enter the amount : 8000
Enter the No.of years : 5
Enter the Rate of interest : 6
Amount : 8000.0
No. of years : 5.0
Rate of interest : 6.0
Simple Interest : 2400.0
Compound Interest : 2705.8046208000014
Process finished with exit code 0
