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Sunday, 9 February 2014

Program to calculate compound interest

#include<stdio.h>
#include<conio.h>
#include<math.h>

void main()
{
 float a,p,r,t,ci;
 clrscr();

 printf("\n Enter Principle : ");
 scanf("%f",&p);
 printf("\n Enter Rate : ");
 scanf("%f",&r);
 printf("\n Enter Time: ");
 scanf("%f",&t);

 a=p*pow((1+r/100),t);        //to calculate power
 ci=a-p;                                //amount-principle

 printf("\n Compound Interest is : %f",ci);
 getch();
}


                                           Output

2 comments:

  1. Compound interest calculation is no big thing for the ones who are fully tied up with this financial market, but for the ones who are not a part of this financial sector its easy for them too because multiple calculating tools are available in the market.

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    Replies
    1. Hello, thanks for your comment but its only a logic to find compound interest by programming nothings else its not a app or any calculator its a simple program code.

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